31-05-2013
In these remarks I will give an account of a difficult year and speak about the severe test that we have all had to face. I will recall what has been done, describing the role of the Bank of Italy.
I will speak about the progress made, even if it is insufficient; about the results achieved, although these are still fragile; about the need not to waste but to defend and consolidate these achievements in order to set the recovery process in motion; and lastly about the conditions for a return to balanced growth. [...]
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Inflation 1,3% Italy May 13/May 12 1.4% Area May 13/May 12 |
GDP growth - 0.6% Italy Q1 2013/ Q4 2012
- 0.2% Area Q1 2013/ Q4 2012 |
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Exchange rates $ 1.3406 19 Jun 2013
¥ 127.44 19 Jun 2013 |
ECB interest rates (Main refinancing operations)
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| Review of economic indicators |
Euro area growth indicator
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The Bank's geographical organization consists of 58 Branches located in the regional capitals and in some provincial capitals.
The Branches' activities relate to the State treasury service, banking and financial supervision, banknote circulation, payment system and economic analysis and statistical surveys at the local level.
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