An important contribution to solving the NPL issue should also come from the new measures to speed up the recovery procedures just announced by the Government, which I very much 2  BIS central bankers’ speeches  welcome and on which a thorough evaluation of its likely quantitative impact is presently under way.
The new European framework for managing banking crises Let me now turn to the challenges we are currently facing, in Italy like in other European countries, in dealing with weak banks, as a result of the financial and economic crisis.