The first is to ensure that the central bank commits to a set of clearly articulated objectives that can be feasibly achieved by monetary policy. The second element requires the central bank to be transparent and clear in its communications.
Its residents possess the spirit of initiative and organizational skills needed to capitalize on the available environmental and artistic resources and local produce and crafts, which are renowned for their excellence. In 2004 Otranto again came top of Legambiente’s ranking of Italian summer resorts published in the Italian Touring Club’s Blue Guide for the year.