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Visco “Global economy recovers, vaccines weigh slowly”

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ROME (ITALPRESS) – “The last meeting of the G20 finance ministers was interesting. The global economy is starting to recover, although the recovery remains fragile. This is due to the speed of vaccinations, which is a major concern emerged during the meeting. ” So Ignazio Visco, governor of the Bank of Italy, interviewed by Bloomberg, about the latest G20 summit. “We are still in an emergency situation, where there are delays in vaccinations and Europe is proceeding at a slow speed”, adds Visco, underlining how “these different speeds are the crucial point. It is a global issue”. For the governor “the Recovery Fund is crucial, it is medium-term oriented” and also “the American plan is noteworthy, but the most important thing is to ensure that we are able to guarantee stable investments in the future. The recovery in the US is more important. fast, in Europe we have different tools. The demand is low not only for consumption but also for investments “. In Italy “the sectors most affected are tourism and culture, there is a lot to do. We need to understand what the future awaits us. We need interventions on health and infrastructures. We see an increase in savings, even as a precaution, and these resources must be used. We see the light at the end of the tunnel, but we must make sure we get out of the tunnel quickly. ” (ITALPRESS). jp / sat / ads / r 09-Apr-21 16:49

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