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Visco “Still strong uncertainty for the economic outlook”

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ROME (ITALPRESS) – “The unprecedented global crisis caused by the spread of Covid-19 continues to have a heavy impact on the economy and the social fabric. The containment measures are calling for restrictions on the exercise of production activities, limitations on personal travel, prolonged periods of suspension of teaching in presence in schools and universities “. This was stated by the governor of the Bank of Italy, Ignazio Visco, in his Report on the Financial Statements, which sees a gross result – before taxes and the provision to the general risks fund – of more than 10 billion. The net profit is 6.3 billion, 2 less than in 2019. “The pressure on health systems is still strong. The launch of vaccination campaigns in Italy and in the rest of the world leads to cautious optimism for the future – adds Visco -. However, uncertainty remains strong on the evolution of the health crisis and, consequently, on the economic prospects “. “In the past year and in the first months of 2021, the Board of Governors of the Bank of Italy made 34 extraordinary contributions, for a total of about 85 million euros, in the form of donations, largely destined for projects to be immediately implemented aimed at enhancing the ability of the national health system to combat the spread of the virus. An initiative in favor of the families of doctors and nurses who lost their lives due to Covid-19 is at an advanced stage “, underlines the Governor, who added: “Since the beginning of the crisis, the Eurosystem has approved monetary policy measures of exceptional magnitude to counter their effects on the economy and inflation, preserve favorable financing conditions for households and businesses, mitigate tensions on the markets financial; we will continue to act decisively as long as necessary “. (ITALPRESS). sat / com 31-Mar-21 10:05

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