On the contrary, they make it even more urgent to step up the measures relating to the green transition, also by using the additional resources made available by the REPowerEU programme. Banks Italy’s banks are responding to this difficult cyclical situation from a position of substantial equilibrium.
16  Huang and Todorov (2022), The post-Libor world: a global view from the BIS derivatives statistics – BIS Review, December 2022 17 MPG (2023), Market conventions for ZARONIA-based derivatives  Page 8 of 12  6. Do we really need a forward-looking term rate?