Market news
05.08.2016, 06:27

ECB member and Governor of the Bank of Italy, Visco: It would be wise to be prepared for possible public aid for Italian banks

  • Monti Del Paschi rescue plan is challenging but conditions are there for it to succeed

  • Banks must continue to reduce branches

  • It may be necessary to consider special measures beside current welfare support to cut staff

  • Seriousness of economic crisis Italy experienced can justify state support for banks

  • Expects government to continue to stick to commitment to reduce debt burden over output

  • Nominal rates to remain low until Eurozone inflation is back in line with our price stability goal

© 2000-2024. All rights reserved.

This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).

The information on this website is for informational purposes only and does not constitute any investment advice.

The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.

AML Website Summary

Risk Disclosure

Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.

Privacy Policy

Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.

Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.

Bank
transfers
Feedback
Live Chat E-mail
Up
Choose your language / location