BackGiorgetti, everyone must contribute, significant but absorbable costs for the banks
Giorgetti, everyone must contribute, significant but absorbable costs for the banks
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ANSA Economia2 hours agoBusiness1 min readItalyView original

Giorgetti, everyone must contribute, significant but absorbable costs for the banks

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Economy Minister Giancarlo Giorgetti urged the banking system to contribute to the recovery of public finances, underlining that banks have benefited from state support and must now reciprocate the effort.

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Minister Giorgetti responded to the criticisms of the president of the Abi Patuelli regarding the measures of the Maneuver which affect credit institutions.

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"All the components of the country must contribute to the pursuit of the path of recovery of public finances, first and foremost those such as the financial system which have largely benefited. We realize that these are significant burdens but which we believe can be absorbed over time without negative reverberations". The Minister of Economy Giancarlo Giorgetti said this in his speech at the World Savings Day in Acri.

"The State helped the banking system with guarantees and Gacs, now the banking system has the duty to help the State in the decisive last mile", he said. The minister then turned to the president of the Abi Antonio Patuelli, who had previously spoken from the stage to criticize the measures of the maneuver against the banks: "several times in recent weeks I have spoken about the boat to be protected in case of storm, dear Patuelli we are in the same boat".

Open Questions

  • What will be the technical modalities of the contribution requested from the banks?

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This article was originally published by ANSA Economia.

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