Prime Minister Paolo Gentiloni’s government will propose its candidate for Bank of Italy governor at a Cabinet meeting on Friday, a government source said on Monday.
ROME (Reuters) – Prime Minister Paolo Gentiloni&rsquo-s government will propose its candidate for Bank of Italy governor at a Cabinet meeting on Friday, a government source said on Monday.
The ruling Democratic Party, led by former prime minister Matteo Renzi, has criticized current governor Ignazio Visco, whose six-year mandate is up for renewal at the end of the month.
The source denied reports in two Italian newspapers on Monday saying the government would propose a name early this week.
After consulting with the Bank of Italy&rsquo-s supervisory board, the government proposes a name to President Sergio Mattarella, whose job it is to name the central bank chief. Mattarella favors renewing Visco&rsquo-s mandate, government sources have told Reuters.
0 comments
Share
