Ignazio Visco: The Italian economy and banks - implications of the pandemic and outlook

Ignazio Visco: The Italian economy and banks - implications of the pandemic and outlook

Speech

Ignazio Visco: The Italian economy and banks - implications of the pandemic and outlook

By Bank for International Settlements (BIS)

In his September 2020 address to the Italian Banking Association, Governor Ignazio Visco examines the "unprecedented" economic paralysis caused by COVID-19, which led to a cumulative 17% drop in GDP during the first half of the year.

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