The Bank of Italy is developing techniques for the analysis of a set of monetary indicators that includes all the components of money and credit. The transformation of the banking system In the year since your Association’s last annual meeting, three major bank mergers, two of them involving cooperative banks, have been concluded with approval by shareholder meetings.
If they continue to rise, they will have a negative impact on NIRG; in other words, in order to maintain a given rate of inflation, growth may have to slow. Chart 2: Crude Oil  Even if they do not rise, high prices in absolute terms will have a bearing on the commercial viability of investments across the board.