ROMA (ITALPRESS) – “The geopolitical perspective uncertainties discourage investments and loan applications, as emerges in the investigation on the credit of the Bank of Italy. We have also come out of the economic effects of pandemic and we have found ourselves in a new economic and social emergency for the recovery first of all of energy, especially for the European countries that are big importers like Italy. The development of technologies and artificial intelligence contributes to increasing the ‘energy hunger’. Thus the president of the Abi, Antonio Patuelli, during the Assembly 2026.
“The dreams of peace of 1989 appeared far, when the ‘cold war’ ended and a phase of hopes for freedom and prosperity were opened. We now suffer by seeing involutions, with serious conflicts limiting freedoms, trampling rights, prevailing myopic egoisms on the great principles of civil, economic and social growth. Demographics and the economy also suffer for these ever wider and long wars. The limits to the freedoms of people and businesses produce strong problems even for those who do not participate in wars, but undergoes the effects that contrast with development, spread inflation and impoverish even non- belligerents, create more risks and weaken businesses, families and banks with chain consequences”, he added.
“We need a new spirit to counter the consequences of wars. On the occasion of the pandemic, the European Union’s initiatives were important, such as the PNRR which is ending. New European initiatives need now, with large public and private investments that promote growth. More timely needs for European decisions, with investments in the future, for human capital, young people, women and innovations. There is no time to wait for a new Constitution for Europe, the main road to integration into a new democracy,” he said. “At this stage, in order to avoid the decision-making paralysis of the vetoes, the EU needs strengthened cooperation of the States. The Euro itself is a strengthened cooperation: if the accession of all EU states had been expected, the Euro would not have been born and would not now be worth a fifth of world currencies – Patuelli continues. They need measures that stimulate private investments, with the best use, always free and responsible, of the savings that is appropriate to be attracted by productive and financial investments also in the medium and long term, with the reduction of the fiscal pressure for the savers in proportion to the duration: this would be advantageous for the savers – he observes – that could obtain greater yields, and for the States that, while reducing the tax rates in proportion to the duration of investments, would have greater It is urgent that the EU approves measures for the Union of Savings and Investments.”.
“The completion of the banking union, capital markets and savings are essential and urgent, and lower fiscal competition among EU states. New common rules are required, Unique texts or European Law Codes first of all banking, financial, fiscal and criminal of the economy to increase economic competition with uniform and simpler rules, in a truly unique market. The potential of the European economy is enormous if simple and increasingly identical rules are realized, with greater energy and technological independence, even with European funds not used”, is the thought of Patuelli.
“Low public debt and healthy banks, solid and respected are indispensable for financial stability, development and even better international ratings that Italy deserves,” he remarked. “The prospects of banks and labour will be among the themes at the centre of dialogue with the Trade Union Representations of the Banks for the new National Labour Contract. People are at the centre of the banking world that develops a culture of positive and inclusive work, with equal opportunities and balance of genres, for ever higher professional qualification and sustainable finance”.
Finally, on the Mezzogiorno: “In Italy, beginning with the Mezzogiorno, banking loans have grown for months to families and enterprises, there is more offer than demand for loans, also for uncertainties and international crises,” he concluded.
– photo IPA Agency –
(ITALPRESS).
