Tag: Panetta
ECB, Panetta: “Prudence is needed and we need to be ready for possible new shocks”
(Telestock) – The disinflation process requires two ingredients. We must continue to adjust interest rates officials to complete the process and smoothly reach our 2% inflation target, in a scenario…
Bankitalia, Panetta: favorable phase for banks continues
(Finance) – 2023 was a very favorable year for Italian banks. This is what was stated by Fabio Panetta, Governor of the Bank of Italy in his final considerations on…
Panetta at the G7 Finance: survey of banks to prevent tensions
(Finance) – “I expect an in-depth investigation into the situation of banks and financial intermediaries at an international level which are a fundamental component of the economic system”. This was…
Panetta: “Italian growth is satisfactory despite shocks”
(Finance) – For the Governor of the Bank of Italy Fabio Panetta there is “a very high level of uncertainty” and “the world is slowing down, with the world Europe…
ECB, Panetta: the time for a reversal of direction is rapidly approaching
(Finance) – “The examination of macroeconomic conditions indicates that disinflation is at an advanced stage and that the path towards the 2 percent objective continues quickly. rapidly approaching The moment…
Banks, Panetta: prudence in loan classification, realism in funding
(Finance) – “The main budget indicators offer apositive image of the Italian banking system. Capital rose to 15.8 percent of assets at risk, in line with other European banks. Non-performing…
Panetta (Bankitalia): certainty must be given to investors on a downward debt trajectory
(Finance) – “For 2023 the available information suggests that the deficit and public debt would have decreased in relation to product. In the coming years the debt would be almost…
Panetta: Genoa is an important city for the financial system and the Bank of Italy
(Finance) – “The origins of the Italian Stock Exchange are in Genoa. The Banco di San Giorgio became the seat of the first commodity exchange on the peninsula, because Italy…
Banks, Panetta: capital can be strengthened by drawing on exceptional 2023 income
(Finance) – “In view of the risks emerging for banking activity, The solidity of the capital must be safeguarded“. He stated it Fabio PanettaGovernor of the Bank of Italy, during…
Mattarella signs decree to appoint Panetta as governor of Bank of Italy
(Finance) – The President of the Republic, Sergio Mattarella, has signed the decree of appointment of Fabio Panetta to Governor of the Bank of Italy with effect from November 1st.…