Bank of Italy
SNB's Hildebrand and Italy's Saccomanni on crisis
The crisis has shown central bankers and regulators rightly predicted that highly-leveraged institutions presented a threat to stability. But officials' attentions were directed at the wrong type of institution, admitted Philipp Hildebrand, a governor of…
Regulation of public services in Italy
A paper from the Bank of Italy outlines the evolution of the regulatory framework for the supply of local public utilities, social and health services in Italy since the early 1990s.
Why less Italian women work
The difficulties involved in reconciling work and family when there are children are among the leading causes of the low female employment rate in Italy, research published by the country's central bank finds.
Rate cuts alone can't combat crunch: Draghi
Monetary policy cannot be the only, or even the main tool, for reflating the economy and the financial system, said Mario Draghi, the governor of the Bank of Italy.
Draghi prepares to slim down
The Bank of Italy finds resistance from its staff and labour unions, but insists it will push ahead with controversial reforms. Isabella Bufacchi reports
Draghi on Italy's improving finances
Italy's public finances continued to improve in 2007, allowing for the excessive deficit procedure started by the European Commission in 2005 to be stopped, said Mario Draghi, the governor of the Bank of Italy.
Bank of Italy - Annual Report 2007
The Bank of Italy's latest Annual Report spells out the central bank's plans for reorganising its head office, branch network and representative offices.
Reform on track: FSF's Draghi
Efforts by an influential group of supervisors to reform financial markets in the wake of the credit crunch are going to plan.
Bank of Italy to close eurozone branches
The Paris, Brussels and Frankfurt branches of the Bank of Italy will shut by the end of this year.
Former Bank of Italy chief to stand trial
Antonio Fazio, a former governor of the Bank of Italy, will go to court in October to answer questions over his alleged role in a takeover scandal.
No job losses under Bank of Italy branch closure
The Bank of Italy has reassured its employees that it will be making no redundancies, despite closing more than a third of its branches.
Regulators to cooperate on rules to combat crisis
Financial regulators from the world's leading economies are set to draft recommendations to avert global instability in response to the recent market turmoil.
Italian government eyes reserves for debt payment
The Italian government is proposing to use part of the central bank's gold and currency reserves to pay down national debt, which is currently at 107% of the country's gross national product. The country's parliament has approved a resolution calls for…
Draghi sees more efficiencies from bank mergers
Mario Draghi, the governor of the Bank of Italy, says the market expects further savings as banks in Italy consolidate. Speaking at the meeting of the Italian Banking Association in Rome on 11 July, Draghi said savings would come from unifying IT systems…
New rules for Bank of Italy chief
The Bank of Italy adopted new rules on 28 November that end the central bank governor's unrestricted decision-making powers and traditional job for life.
Italian banks' merger breakthrough
Two of Italy's biggest banks are to merge to form Europe's 10th largest bank with a market value of €55bn ($80bn).
ECB opposes BoI reform bill
Attempts to reform governance structures at the Bank of Italy (BoI) yesterday received another blow when Lorenzo Bini Smaghi, a member of the ECB's executive board, said the government should amend some of the initiatives proposed in a parliamentary bill.
Fazio faces strike ultimatum
The union representing the majority of staff at the Bank of Italy has threatened to call a strike unless Antonio Fazio, the central bank's governor, resigns over the Antonveneta affair.
Bank of Italy slaps down investigation story
The Bank of Italy issued its second official statement since the transcripts of Governor Fazio's conversations were leaked to the media; this time, a one-line response to an article in the Corriere della Serra, an Italian daily.
A spring-cleaning for the Eurosystem
As the Eurosystem prepares for the arrival of new members, it has first to attend to some housekeeping. A report by Nick Carver
Speech by Antonio Fazio Governor Bank of Italy
SPEECH - In the speech titled 'Recovery and growth of the Italian economy' Fazio said that the Bank of Italy expects economic growth in the European Union to slow to 1.5 percent in 2002 from 1.7 percent last year. But that EU growth was likely to recover…
Bank of Italy withdrew 50% of liras at end Jan
ITALY - The Bank of Italy has withdrawn just over half of the old liras in circulation with less than a month to go before the currency is to be entirely replaced by euros, Bank Of Italy Governor Antonio Fazio said Saturday.
Berlusconi defends central bank powers
ITALY - Prime Minister Silvio Berlusconi Friday threw his weight behind the Bank of Italy after a group of lawmakers proposed to strip the central bank of banking surveillance powers as part of a wider reform involving a number of regulatory bodies.
Speech by Antonio Fazio Governor Bank of Italy
SPEECH - Joint Session of the Fifth Committees of the Italian Senate and Chamber of Deputies. Testimony. Fact-finding preliminary to the examination of the Economic and Financial Planning Document for the years 2002-2006. Antonio Fazio, Governor, Bank of…