Here are some of the key highlights from the ECB Governing Council Member and Bank of Italy Governor Ignazio Visco’s speech at the presentation of the central bank’s annual report.
“¢ There are no shortcuts for reducing debt.
“¢ Most probable scenario for Italy is moderate growth & graudally rising inflation.
“¢ Seeing recovery in Italian economy, growth increasingly self-sustained.
“¢ Urges Italy to press on with reforms.