(ANSA) - Rome, October 17 - The Democratic Party (PD) on
Tuesday came out against Bank of Italy GOvernor Ignazio Visco
over his handling of Italy's recent banking crisis, saying a
"new phase was needed".
A PD motion on the Bank of Italy debated in the Lower House
on Tuesday said that the crisis "could have been mitigated with
more incisive and rapid prevention and management activity".
It said that the appointment of the governor of the central
bank was highly delicate because the effectiveness of the Bank
of Italy's oversight activities has been thrown into doubt in
recent years by repeated bank crises.
Asked if the motion was against BoI Governor Visco, PD
spokesman Matteo Richetti said: "The PD won't go into the person
but asks for a new phase for the Bank of Italy. The PD won't go
into the merit of a decision that is up to the government and
the premier but it can't skirt a judgement and the motion traces
the need to mark a new phase. The 'who you do it with' is up to
the government".
Bank crisis could have been mitigated-PD
Banking crisis could have been averted says Gentiloni's party