Category: Panetta
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ECB’s Panetta adds to the chorus for a June a rate cut – “general consensus has emerged”
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As Governor of the Bank of Italy, Fabio Panetta is also a member of the Governing Council of the European Central Bank. On Saturday, he spoke at a press conference at the end of the G7 finance leaders’ meeting, saying he saw “a fairly general consensus emerging about the possibility…
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Italian banks must quit Russia, ECB’s Panetta says By Reuters
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Written by Giuseppe Fonte and Valentina Za STRESA, Italy (Reuters) – Italian banks should halt their activities in Russia because staying in the country also brings a “reputation problem,” European Central Bank policymaker Fabio Panetta said on Saturday. After Austria’s Raiffeisen Bank International, UniCredit is the European bank with the…
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Italian banks must quit Russia, ECB’s Panetta says By Reuters
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Written by Giuseppe Fonte and Valentina Za STRESA, Italy (Reuters) – Italian banks should halt their activities in Russia because staying in the country also brings a “reputation problem,” European Central Bank policymaker Fabio Panetta said on Saturday. After Austria’s Raiffeisen Bank International, UniCredit is the European bank with the…