We have asked Italy’s leading banks to strengthen their capital considerably in recent years. BIS central bankers’ speeches  5  They have complied, even in difficult times, mainly by raising funds, to a value of almost € billion, on private capital markets. Much ground has been covered in just a few years.
Inflation forecasts in the euro area have been adjusted slightly downward: in 2015, the total inflation of the euro area is expected at 0.1%, in 2016 it will rise by 1.0% and in 2017 by 1.6%.