At the same time, it is necessary to intensify the efforts to strengthen balance sheets and eliminate the structural problems that weigh on the efficiency and profitability of the Italian banking system.
BIS central bankers’ speeches  7  We firmly believe that we both can and must have confidence in the ability of our banks to rise to this challenge; and we are equally confident that an economic policy aimed at financial stability and directed to promoting an environment conducive to balanced growth will allow greater opportunities for investment and a rapid return to creating new permanent jobs.