Saccomanni says banks must increase lending
Economy minister urges lenders to spread liquidity08 January, 19:06
In remarks to the Senate, Saccomanni said that banks must inject liquidity into the struggling economy through loans, particularly to small- and mid-sized businesses.
Difficulty obtaining funding has been a serious problem for businesses trying to survive in an economy hit by the worst recession since the Second World War.
Saccomanni and other government officials have previously said they expect Italy would begin to emerge from recession in the fourth quarter of 2013.