The news reported by the sheet, and denied by the Bank of Italy, must be contextualized. Also because the fact that the hypothesis of early resignation of Governor Ignazio Visco is not on the agenda does not mean that the issue raised by the newspaper is not taken into consideration at the highest institutional levels. The thesis supported is that in view of the political elections, which could be held at the end of May 2023, there would be the intention to “use the months that separate us from the end of the legislature, to strengthen the backbone of the country, to put Italy in safety, to offer the National Recovery and Resilience Plan strong legs on which to rest in the future “. The expiry of the mandate of the governor of the Bank of Italy is undoubtedly a central point in order to secure what can be secured in the institutional setting, especially by looking at the references in the economic field. News such as the one reported by the sheet can hardly find official confirmation and, as a success, is met with a ‘due’ denial. The hypothesis of the early resignation of Governor Ignazio Visco is not on the agenda, sources from Via Nazionale say. The early resignation of Visco, in any case, can neither be announced nor confirmed before a possible decision in this sense has not only been matured but also shared in the timing and in the manner with the highest offices of the State. So what’s behind the news? There is, in all probability, neither a journalistic forcing nor an attempt to destabilize the Bank of Italy. On the contrary, there may be the signal of a concern that the complication of the context is evidently feeding. To the challenges that the war in Ukraine is posing, and to the consequences it is bringing on the economic and social level, we can also add political instability and, in the reading that Prime Minister Mario Draghi also gave, the risk that the energy crisis could produce a return of populism. A scenario that could suggest, within the times and in the institutionally correct ways, to ensure substantial rather than formal continuity for the country. It is not a question of leaving everyone in their place, in Visco’s case it would not be possible because he is already in his second term, but of promoting stability with the appointments that can be made before the end of the legislature. The turmoil and controversy that accompanied the confirmation of the general manager of Via Nazionale Luigi Federico Signorini, with the yellow-green government against, are still a vivid memory. And the need to protect the independence of the Bank of Italy becomes pressing again even at this stage. (by Fabio Insenga)
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