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-Italian central bank head warns government over EU aid

Jun 01, 2020 - Global Banking News

Global Banking News - 01 June 2020

The head of the Italian central bank has warned the government that aid from the EU has to be paid back in time.

The governor issued a stern warning to the government and said that aid should be followed up with adequate reforms in the nation. Governor Ignazio Visco said that the European Union help that has been provided to the nation to counter COVID-19 is not free. He called for a comprehensive package of reforms for the country.

Visco is a...