Report says Fazio ready to accept limited term

Bank of Italy governor Antonio Fazio is ready to accept a reform of the central bank and the introduction of limited tenure for his post, the daily Il Corriere della Sera said, citing sources close to the governor.

The newspaper La Repubblica added that Fazio wants to remain in his post during the transitional period leading to the introduction of limited tenure.

He also wants the transitional period to last approximately the length of the new tenure period, it added.

There have been calls for a

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