This year again there are no expectations of a significant pick up in gold output and this is quite unfortunate as this means we are unable to capitalize on the existing high world market price. Cane and sugar production are expected to improve this year after declining last year due to the two major floods.
Last year, an ad-hoc directorate was created within the Banking and financial supervision department of the Bank of Italy, with the objective of dealing specifically with consumer protection and anti-money laundering. The Italian model is based on both collective ex-post protection and individual ex-ante and ex-post protection.