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Innovation: Panetta (Bank of Italy), Italy Paved the Way for Modern Financial Systems - Agenzia Nova
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Innovation: Panetta (Bank of Italy), Italy Paved the Way for Modern Financial Systems - Agenzia Nova
Italy became "a hotbed of innovation that, over time and with the contributions of other peoples, paved the way for modern financial systems and, ultimately, central banks." This was stated by Fabio Panetta, Governor of the Bank of Italy, speaking at the conclusion of the first day of the European Central Bank's Governing Council meeting in Florence. "Florence's financial fortunes were based not only on the stability of the florin, but also on i…
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