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Visco “The slowness of vaccinations affects growth”

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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”. “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”, explained Visco, who continued: “The recovery in the US is faster, 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 future awaits us”. (ITALPRESS). jp / sat / red 09-Apr-21 16:46

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