With the opening of the Indian economy, Indian industry and enterprise of all kinds have to be competitive with the best in the world. They will be handicapped if the cities that they inhabit are themselves not as efficient as their counterparts elsewhere.
The capital strengthening that the Italian banking system needs to implement in order to meet the new Basel III requirements by 2019, which was estimated at € billion in relation to June 2010, is now about € billion. We are making good progress.