Bank of Italy and ECB man Ignazio Visco at the annual Bank of Italy meeting
- ECB asset purchases has eased deflation fears but must continue to bring inflation back to target
- There's no signs that low Eurozone interest rates are creating generalised imbalances
- Greek crisis fuelling grave tensions that could prove destabilising
- Italian government right to dose fiscal measures after severe restrictions following 2011 crisis
- Italian government reforms have been recognised by markets but must be broadened and implementation must be accelerated
- Italian GDP to expand in Q2 and subsequent quarters but recovery weaker than in EZ as a whole
The rest is waffle