Super Bonus reveals its true cost: The bubble is ready to burst, even though its effects on the economy have been visible for some time. As the European Commission launches a procedure for excessive deficits, new data confirms fears linked to well-known subsidies for home renovations and the construction bonus system in general. The net […]
Tag: bankitalia
Bank of Italy, last considerations as governor: Visco’s farewell
With his last thoughts as governor of the Bank of Italy, Ignazio Visco prepares to leave “the ‘special’ institution which I have served, in different capacities, for fifty years”. Appointed on November 1, 2011, the Neapolitan economist, born in 1949, ends his second term this autumn: the race for succession is open, the name most […]
Bank of Italy raises the alarm for families: “Most vulnerable families”
Italian households are more vulnerable but still less indebted than the eurozone average. The alarm was sounded by the Bank of Italy in its Financial Stability report 2023. «The deterioration of the economic situation – explains the Bank of Italy – has a moderate impact on the risks associated with the financial situation of families. […]
Bank of Italy, the rate hike weighs on loans to households and businesses. low inflation
A little good news for everyone: in the first quarter of the year there is a slight recovery of economic activity in Italy. In the same period, inflation declined (to 8.2% in March), but the underlying component grew, still feeling the effects of the transmission to final prices of higher costs associated with energy shocks. […]
Visco greets the Bank of Italy with the alarm on interest rates: the effect on balance sheets
Twelve years at the helm of Italian banking supervision is no small feat. And a lot of water has passed under the bridge. It was November 1, 2011 when Ignazio Visco officially took the baton from Mario Draghi, called from Europe to the top of the European Central Bank in the successful attempt to save […]
Bankitalia crushes Superbonus: “Uncertain costs and increases debt”
If there was ever any doubt, the Bank of Italy yesterday put its seal on the certification of the unsustainable cost to the community of the Superbonus. There were growth effects. But the cost in relation to the benefit is excessive, explained Giacomo Ricotti, head of the Bank of Italy’s tax assistance and consultancy service, […]
Bankitalia unpredictable in the naming game. Panetta in pole position
Dear Director, Formula One Bank of Italy. But in the Grand Prix of appointment (Eni, Enel, Terna…) little is said about the most unpredictable race: the via Nazionale circuit. The Governor of the Bank of Italy Ignazio Visco, in fact, is about to complete the last laps of the track that lasted almost twelve years, […]
Whoever manages the position, Giorgia Meloni crushes controversy over the move and the Bank of Italy
Giorgia Meloni reappears in video on social networks for the second episode of the column ‘Notes from Giorgia’. The prime minister addresses the controversy over the maneuver, the case of migrants, the Italian economy with the cash limit. And it is precisely on the basis of this last argument that the Prime Minister shoots his […]
Bankitalia, Visco defends itself against criticism: “We are independent from banks”
Ignazio Visco, Governor of the Bank of Italy, spoke in Rebus on Rai3 to defend himself against the barrage of criticism received from Palazzo Koch for the opinions expressed about the maneuver desired by the Meloni government: “The Bank of Italy does not depend on the banks. It is autonomous in its judgment, substantially independent […]
Meloni tired of attacks on the government: the strategy to withstand enemy fire
Giorgia Meloni says enough and gives indications for the battle against criticism of the government. The executive’s number one has had enough of cross-attacks just weeks after taking office at Palazzo Chigi and is preparing to fight back. What he draws is a history of the Repubblica that remakes the sides of the Bank of […]