His death deprives our country of his gifts of intelligence and passionate civic commitment. We will be holding a conference in his memory here in December, a year after his decease. The Bank of Italy has been a precious source of dedicated public servants for Italy and Europe.
The asset quality of banks’ loan portfolios will remain a crucial determinant of their performance in the rest of the year. At the same time, the efforts of euro area LCBGs to bolster their capital buffers have contributed to maintaining their current regulatory capital ratios at levels that conform to the regulatory minimum requirements.