Bank of Italy’s Rossi sees a slowdown in world economic growth, 'acute' in Italy

Bank of Italy, the Italian central bank, Senior Deputy Governor Salvatore Rossi expressed his concerns on the economic slowdown in Italy, with the key comments found below.

Says he sees “a slowdown in world economic growth, particularly 'acute' slowdown in Italy.

If economic climate takes a turn for the worse and spread remains high, there is clear pressure on banks, insurers and their clients.”