ECB against Italian bill on Fazio

The European Central Bank opposes plans for a law that would allow the governor of the Bank of Italy to be sacked, news agency Radiocor said, citing an ECB report.

Read the opinion of the ECB at the request of the Italian Ministry of Economic Affairs and Finance on a draft law on the protection of savings

In an advisory note sent at the economy ministry's request, the ECB said such a bill, if it became law, would violate the charter of the European System of Central Banks.

The ECB said that the

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.