Italian deputy governor to step down after clashes with government
Leading government ministers have called for large-scale change in Bank of Italy’s leadership
One of the Bank of Italy’s deputy governors will not seek a second term, the central bank announced today (March 20) in an extremely brief statement.
The reasons behind the move are unclear, but may be a sign of worsening tensions between Italy’s central bank and its populist coalition government.
The central bank announcement came a day after local media reported that Salvatore Rossi wrote to staff to say he would step down. Rossi’s resignation comes days after leading members of Italy’s
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