Italian financial system is solid - economy minister

Kitco Media
By Reuters
Published:
Updated:
Reuters
ROME, March 15 (Reuters) - Italy's financial system is solid, Economy Minister Giancarlo Giorgetti said on Wednesday in relation to the global fallout from the collapse of Silicon Valley Bank (SVB). Italy has different financial supervision rules from the U.S., but there is nevertheless a need to be vigilant about the situation, Giorgetti said at an event in Rome.


(Reporting By Giuseppe Fonte, writing by Alvise Armellini, editing by Gianluca Semeraro)

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