Italy’s Visco promotes ‘deeper’ Europe

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The governor of the Bank of Italy, Ignazio Visco, today (October 31) said the ultimate solution to the crisis in the eurozone is to complete the full construction of a united Europe.

Speaking in Rome on World Savings Day, Visco said it is crucial the European Central Bank is responsible for decisions regarding the banking sector as a whole, including the operation of the forthcoming single supervisory mechanism. However, with some banks, Visco said, supervision may be carried out more

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