Italy
Bank of Italy paper aims to improve on EC current account model
Researchers offer alternative model to evaluate role of cyclical factors
Ratings agency fined €1.38 million by Esma for regulatory breaches
Penalty dwarfs previous fines levied by authority
Italian paper looks at effects of Basel leverage ratio on repo and refinancing
Increase in capital holdings has not decreased eurozone banks’ repo activities
Draghi raises possibility of ‘public backstop’ for NPLs
Measure would be “very useful”, ECB president says
Bank of Italy sees Brexit having little impact on country
Commercial and financial links less than other European countries, Bank of Italy argues
IMF staff propose additional reforms to Italian banking sector
Directors “commend” Italian authorities for reform efforts, but warn of “strained” balance sheets
European banks suffer as regulators ban Monte dei Paschi short-selling
Banks hit by further shockwaves from UK’s vote to leave EU
Italian banking system sees first major test of European bail-in regime
Italy’s prime minister calls for relaxation of rules on state aid to banks
Research explores impact of Italian product market reforms on productivity
Authors find positive association between firm performance and deregulation of sector
Shocks to bank finance hit exports, Bank of Italy paper argues
Exporters and non-exporters react differently to bank credit shocks, a Bank of Italy working paper argues; researchers present ‘unique firm-bank matched database’ for Italian businesses
Bank of Italy puts archive of annual reports online
Wartime reports show central bank grappling with inflation and proliferating currencies
Bank of Italy creates secondary market for trading in its own shares
Move is part of plan to impose maximum shareholding limit
Germany needs structural surplus, Weidmann says
German and Italian central bank heads disagree on sovereign risk
ECB to conduct comprehensive assessment of four more banks
Supervision charges due to rise significantly in 2016
Italian governor criticises bank resolution rules
Commission policy made use of deposit funds "impossible" for Italian failing banks, Visco says
Visco wary of changing regulation on sovereign exposures
Italian governor acknowledges sovereign exposures are not risk-free, but questions whether changing prudential rules is necessary
EBA publishes first complete list of European O-SIIs
Institutions designated by EBA criteria and also by supervisory judgement
Draghi warns criticism of monetary policy may delay recovery
Mario Draghi says easing policies are working but need time to bring about recovery
Italian deputy governor calls for fiscal expansion in eurozone
Overly restrictive measures could make fiscal policy “part of the problem”, Panetta says
Visco warns of danger of revising wages down if inflation undershoots predictions
Downward revisions of pay could have serious consequences, Italian governor says
Lower real interest rates may harm productivity growth, researchers say
Spain and Italy have suffered low or negative productivity growth since at least 1999, paper says
Tax system severely reduces Italian banks’ profits – paper
Eurozone countries should consider adopting homogeneous bank taxation regimes, researchers say
Italian firms' leverage well above average, study finds
Leverage has risen in recent years, researchers say
Four largest eurozone economies show different reactions to monetary policy, paper finds
Output, price and bond yield levels affected differently in Germany, France, Italy and Spain