Rome, 29 May (LaPresse) – “The ultimate measure of success will be the ability to offer opportunities and a future to young people. A country that innovates must know how to make the most of skills, reward merit, retain and attract talent, and allow everyone to contribute according to their abilities. It is a matter of both efficiency and justice. Creating the conditions for the younger generations to realise their aspirations and contribute to the country’s progress is not merely an economic responsibility: it is the civic duty of our time. Only in this way will Italy be able to navigate an increasingly fragmented world without succumbing to its divisions, and transform the technological transition into a period of freedom, work and confidence in the future.” So said the Governor of the Bank of Italy, Fabio Panetta, in his concluding remarks on the annual report. “The conflict in the Persian Gulf has weakened already fragile prospects. According to projections, economic activity will remain weak in the coming months; in the most unfavourable scenarios, it could stagnate or contract,” Panetta then emphasised.
Bank of Italy, Panetta: ‘A country’s success depends on its ability to offer young people a future’
Rome, 29 May (LaPresse) – “The ultimate measure of success will be the ability to offer opportunities and a future to young people. A country that innovates must know how to make the most of skills, reward merit, retain and attract talent, and allow everyone to contribute according to their abilities. It is a matter of both efficiency and justice. Creating the conditions for the younger generations to realise their aspirations and contribute to the country’s progress is not merely an economic responsibility: it is the civic duty of our time. Only in this way will Italy be able to navigate an increasingly fragmented world without succumbing to its divisions, and transform the technological transition into a period of freedom, work and confidence in the future.” So said the Governor of the Bank of Italy, Fabio Panetta, in his concluding remarks on the annual report. “The conflict in the Persian Gulf has weakened already fragile prospects. According to projections, economic activity will remain weak in the coming months; in the most unfavourable scenarios, it could stagnate or contract,” Panetta then emphasised.
