Recovery reduces risks for financial stability says Bank of Italy

Central bank says public finances look sustainable

(ANSA) - Rome, November 6 - The Bank of Italy said on Friday that the recovery Italy has embarked on in 2015 after years of recession has reduced the risk of financial instability. "The reinforcement of the economy in Italy reduces the risks for financial stability," the central bank said in a report. It added that the "indicators for the sustainability of the public finances remain favourable on the whole".
   

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