So says economic minister speaking in the press 23 Nov

  • recovery seen sustainable in 2018-19
  • cases of Banca Carige, Creval are not sign of a banking system in difficulty
  • authorities supervised banks in an adequate manner but bad management should have been dealt with in more decisive way

Elsewhere EU's Moscovici says Italy can't live with such high debt.

Meanwhile EURUSD still holding up well at 1.1828 EURGBP looking ok at 0.8880 but sellers poised into 0.8900. EURJPY 131.60 having failed around 131.80 earlier