The Bank of Italy has sought to quell rumors that its governor, Ignacio Visco, could step down in October, ahead of schedule, as a newspaper article leaves open the possibility of a run-off ahead of the next general election. .
Il Foglio said Viscos could step down a year earlier and allow the current government, led by former ECB President Martio Draghi, to appoint a senior executive, such as a board member. of the ECB, Fabio Panetta.
The resignation of the governor of the Central Bank of Italy has not been discussed, said a spokesman for the central bank, in response to the article.
Il Foglio said a change in the central bank would be part of Draghi’s broader plan to “introduce as many useful tools as possible into the country’s mechanisms” to offset the influence of any populist movements after the election.
The plan would include the appointment of heads of the tax revenue service and state-owned companies such as Eni Petroleum, defense Leonardo and the Enel energy group.
Viscos, who has been head of Italy’s central bank since 2011, would normally end his term in October 2023.
Source: Capital
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