Italy

Innovation impacts money demand

Technological developments affect average money holding and interest elasticity of money demand, research from the Bank of Italy notes.

Italy names first female board member

Anna Maria Tarantola, the managing director of the Bank of Italy's banking and supervision unit, will replace Antonio Finocchiaro in the new year as deputy director-general at the central bank. In doing so, she will become the first woman to sit on the…

SNB's Hildebrand and Italy's Saccomanni on crisis

The crisis has shown central bankers and regulators rightly predicted that highly-leveraged institutions presented a threat to stability. But officials' attentions were directed at the wrong type of institution, admitted Philipp Hildebrand, a governor of…

Regulation of public services in Italy

A paper from the Bank of Italy outlines the evolution of the regulatory framework for the supply of local public utilities, social and health services in Italy since the early 1990s.

Why less Italian women work

The difficulties involved in reconciling work and family when there are children are among the leading causes of the low female employment rate in Italy, research published by the country's central bank finds.

Draghi prepares to slim down

The Bank of Italy finds resistance from its staff and labour unions, but insists it will push ahead with controversial reforms. Isabella Bufacchi reports

Draghi on Italy's improving finances

Italy's public finances continued to improve in 2007, allowing for the excessive deficit procedure started by the European Commission in 2005 to be stopped, said Mario Draghi, the governor of the Bank of Italy.

Differences between Fed and ECB overplayed

The divergences between the Fed's dual mandate and the European Central Bank's (ECB) task of maintaining price stability have little impact on policy in the medium- to long-term, notes Ignazio Visco, a deputy director general at the Bank of Italy.

Italy's Draghi on the euro

The euro's role as an international reserve currency is set to grow, Mario Draghi, the governor of the Bank of Italy, believes.

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