Opinion piece
27 October 2016
An Italian take on banking crisis
The year 2016 has not been good to Italian banks. While resilient to the first wave of financial crisis in 2008, due to their low exposure to US sub-p
Opinion piece
27 October 2016
The year 2016 has not been good to Italian banks. While resilient to the first wave of financial crisis in 2008, due to their low exposure to US sub-p
Blog post
19 July 2016
Weakness in the Italian banking sector is a major concern for the euro area. Retail investors stand to lose out if BRRD bail-in rules are strictly app
Blog post
14 July 2016
Following the UK vote to exit the European Union, the fragility of the Italian banking system has come into the spotlight. The Economist described it
Policy brief
06 July 2016
Italy’s current system of centralised wage bargaining needs to be reformed. The system was designed without regard for the underlying industrial struc
Blog post
22 April 2016
Italy’s new bank fund Atlas might be what is needed in the short run, but in the longer term the fund will increase systemic risk. What ultimately mat
Blog post
08 March 2016
Concerns about Europe’s banks contributed to turmoil in global financial markets in February, but Europe’s new banking sector policy regime should gra
Blog post
17 February 2016
Silvia Merler and Marcello Minenna review the structure of of the recently adopted Italian guarantees scheme, and look at solutions implemented in oth
Blog post
26 January 2016
Italian banks have recently come under market pressure, as investors seemed to have grown worried about the sector. This triggered a speed-up in the d
Blog post
18 December 2015
Vulnerabilities in the Italian banking system are causing fears of a banking crisis to surface.
Blog post
16 December 2015
Following Germany this year and Japan in 2016, Italy will assume the rotating presidency of the G7 in 2017. However, even the global governance aficio
Article
16 December 2015
This paper was produced for the Italian Parliament and Ministry of Foreign Affairs.
Opinion piece
11 December 2015
Dopo una lunga amministrazione controllata, si è raggiunto il momento della risoluzione per quattro piccole banche (Banca Marche, Cassa di risparmio d
Blog post
10 December 2015
The government of Matteo Renzi wants to reform the law for electing the national parliament. It also wants to change the role of the upper house, the
Blog post
24 November 2015
As four tiny Italian banks are being restructured, Italy is again looking for a “creative” approach to bank resolution, which however looks a little b
Event
20 November 2015
The electoral rules in Italy are changing. But will a system that works well at municipal level work on the national one? And what about checks and ba
Event
02 November 2015
What are the beneficial effects of product market reforms? What progress have Spain and Italy made in the past years and what challenges do they still