•  European funds can never be free of charge: the debt of the European Union is the debt of all the member countries and Italy will always make an important contribution to the funding of common initiatives, because it is the third largest economy in the EU.
BIS Review 72/1999  2  Despite all the efforts which are being undertaken at our level, it should not be forgotten that the ability of the entire banking industry to function depends on an adequate supply of basic amenities such as electricity, gas, water and telecommunications services. Hence, our preparations must not be confined to testing our own systems and applications.