Italy
Interview with Malta's Bonello
In a recent interview, the governor of Malta's central bank, Michael Bonello, sought to assuage fears that the changeover to the euro in 2008 would lead to price rises.
Draghi keen on governance reforms for banks
The governor of the Bank of Italy, Mario Draghi, told the central bank's shareholder at the conclusion of its annual meeting that he backs Italian lawmakers' current effort to reform the governance arrangement for the country's cooperative commercial…
Bank of Italy - annual report
The Bank of Italy released its 2006 annual report on 31 May. On the occasion of the release, Mario Draghi, the governor of the central bank, commented on the Italian economy, saying that although its rate of growth is still one of the lowest in the euro…
The importance of monetary aggregates
This ECB working paper presents a strong argument in favour of using monetary aggregates as an analytical tool for predicting future inflation.
Eurozone business confidence dips
Analysts are suggesting that business confidence in the euro area may have peaked. The May figure for the widely-watched Ifo index was unchanged from a month earlier for Germany, but somewhat lower for France and Italy.
Germany defends ECB focus on money growth
Germany's Bundesbank has come out in stout defence of the European Central Bank, arguing that money supply figures - used by the ECB in making interest rate decisions - are helpful in identifying property market distortions.
Italy's Draghi on employment and development
In the speech 'Employment and development - the legacy of Giorgio Gagliani' given on 26 March Mario Draghi of the Bank of Italy said the repercussions of population ageing have already begun to be felt in the Italian labour market.
US's Paulson sees progress on trade imbalances
U.S. Treasury Secretary Henry Paulson said in a statement the Group of Seven (G7) nations have made progress but "more needs to be done" on trade imbalances.
Italy's Draghi: Governor Baffi's financial policy
In the speech 'Reflections on monetary and financial policy - Governor Baffi's monetary policy' given on 15 March Mario Draghi of the Bank of Italy said Paolo Baffi was governor of the Bank of Italy during five of the most difficult years Italy has known.
Tumpel-Gugerell on tripartite protocol
In a speech given on 16 February Gertrude Tumpel-Gugerell of the ECB said over the next six months, the ECB and eight central banks will be working closely with the Central Bank of Bosnia and Herzegovina on a needs assessment programme funded by the…
Italy's Draghi on growth and stability
In the speech 'Growth and stability of the economy and financial markets' given on 3 February Mario Draghi of the Bank of Italy said greater international co-operation is needed to strengthen financial markets and prepare for instability.
Bank of Italy shuffles management
Mario Draghi, the governor of the Bank of Italy, has begun reshuffling his management team ahead of a meeting with unions this week, La Stampa reported Friday 3 February.
Prodi backing ECB independence
Italian prime minister Romano Prodi said this week the European Central Bank (ECB) should maintain its independence and that it had done a good job in its interest rate policy.
Bank of Italy rules to facilitate mergers - report
New Bank of Italy regulations allowing banks to make greater use of hybrid instruments for capital reserve requirements could facilitate mergers in the banking sector, Il Sole 24 Ore said Wednesday 10 January.
ECB member bank buys gold
The Daily Telegraph in London reported Wednesday 3 January that a member of the European Central Bank system had begun buying bullion, the first such purchase in years.
Bank of Slovenia joins Central Bank Gold Agreement
The central bank of Slovenia has joined the Central Bank Gold Agreement which limits gold sales by central banks, the European Central Bank said Friday 22 December.
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.
Europe's new large-value payment system on target
Europe's new large-value payment system is on schedule to go live in 2007 says the European Central Bank in its third annual report on TARGET2.
Bank of Italy to cut 20% of staff by 2013
The Bank of Italy announced Tuesday 31 October that it would cut staff by about one-fifth by 2013 and close 75 percent of the central bank's offices in Italy under a plan that was rejected by the bank's unions.
Italy's Draghi on regulation of financial markets
In the speech 'Measures for the protection of savings and the regulation of financial markets' given on 26 September Mario Draghi of the Bank of Italy said the quality of financial regulation is gauged by its effectiveness in preventing improper conduct,…
ECB's Draghi warns of volatility risks
Banks and investors may be ill prepared to handle a return to volatile conditions in financial markets, a top central banker warned on Wednesday 11 October.
Saccomani takes up Bank of Italy role
Fabrizio Saccomani took up his new role as director general of Italian central bank Banca d'Italia, La Stampa said Monday 2 October.
Draghi says Italy can beat euro growth
Bank of Italy governor Mario Draghi told reporters on Sunday 17 September he felt that Italy's economy could grow far more strongly than its European partners.
Tietmeyer may become 'God's banker'
According to the Catholic News website, Pope Benedict has sounded out former Bundesbank president Hans Tietmeyer for the key post as head of the Institute for Religious Works, better known as the Vatican Bank.