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Archive » March 2021 » Next Generation Eu and the role of Italian Banking industry for recovery

Next Generation Eu and the role of Italian Banking industry for recovery

Giovanni Sabatini
March 2021 - n. 3
Keywords: Recovery plan, banche, vigilanza, stabilità
Jel codes: G21, G28

Italian Banks will offer their support on the path of modernization and development of Italy, just as they were committed to deal with the crisis. Banks’ regulation, in pursuing stability, must take into account the objective of economic growth, facilitating the essential role played by the banking world, that is, support for families and businesses. Next Generation Eu resources should allow recovering growth rates that ensure public debt sustainability and put the debt-to-Gdp ratio on a path of reduction. Legislative changes and incentives must be certain and stable over time, in order to create positive expectations and allow potential users to plan their investments and to count on the maintenance of facilities for as long as necessary.

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