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This article was published on May 4, 2015 at 11:13.
The last change is the May 4, 2015 at 13:27.
“In the coming weeks will find the course and concretization steps on bad debts and tools aimed at making the Italian banking system in the same situation in other European countries. ” He assured the Prime Minister, Matteo Renzi, spoke at the meeting with the elite of the financial world the Milan Stock Exchange. In his speech, the Prime Minister stressed the vitality of the Italian entrepreneurial system, but also pointed out the “negative effects of crony capitalism.” Hence the need for the business and finance goes to a degree of “openness and transparency” increasing. “I am very optimistic for the next twenty years in Italy,” concluded Renzi, who also raised the simplifications building with the single national regulation and showed that the new electoral law in arrival “will bring political stability.” Renzi has also assured that the government will proceed in implementing the Jobs Act, surpassing “ideological restraints now devoid of realization and logic.”
Renzi: coming weeks measures of doubtful loans
On the banking system “in the coming weeks the steps on the suffering and the elements aimed at putting the banking system under the same conditions as the other countries will find realization, after decades of free speech,” said the prime minister, who has added on the creation of a bad bank for loans: “We are negotiating with the EU Commission some intervention hypothesis.” “For us – said Renzi, without going into detail – this is a top priority and is coupled with the operation of the banks. The next step is portatre the regulatory system of banks, particularly on loans and suffering, ever closer to the European legislation. ”
“Italicum bring political stability”
The Prime Minister spoke about the reforms approved or in the pipeline (“we are putting the country on the track of normal public administration and institutional”) by his government, since the new electoral law that “I think and I hope that it will be approved by the Italian Parliament tonight.” Renzi for the Italicum “has a large element of clarity: for five years it will be clear to the government, whoever wins. There will be a system in which our country will finally be the point of reference for political stability, which is a precondition for economic innovation. ”
“System strong business, now overcome capitalism relationship”
The fabric of the Italian entrepreneurial system for the prime minister “is vital, strong and full of energy.” And in these years of profound crisis “he has seen many businesses fail to succeed and even get to the IPO.” But “the crony capitalism has also produced negative effects,” said Renzi, in the hope that the business and finance goes to a degree of “openness and transparency increasing,” because the “system of relations in which newspapers, banks, foundations and political parties have decided to move forward all together discussing each other’s dead. ” For Renzi Italy “has a problem of leadership, not just politics.” But he added: “We are doing our part, the company gives us a hand to change this system.”
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