For years, the Bank of Italy has supported financial education programmes in schools, with the voluntary cooperation of many teachers, and it is currently seeking to coordinate with additional private and public initiatives. But financial education must involve everyone as a matter of priority. BIS central bankers’ speeches  7  The flow of bad debts, which swelled during the crisis, is gradually ebbing.
We must now manage the legacy of the past. The guarantee scheme recently agreed with the European Commission will prove useful for facilitating the divestment of bad debts. The closing of this chapter and a decisive reduction in uncertainty will allow the reactivation of this market.