Europe must avoid excessive regulation and could also consider simplifying existing rules, European Central Bank Governing Council member Fabio Panetta said on Wednesday. Addressing the steering committee of Italian Banking Association ABI,

The euro zone’s bout of economic sluggishness is lasting longer than anticipated, European Central Bank Governing Council member Fabio Panetta said, warning that the so far resilient jobs market may be cracking.

Speaking to the bankers of the ABI, the number one of the Bank of Italy Fabio Panetta stated that faced with the challenge of deregulation launched by Trump in the United States, Europe can react by f

Bank of Italy Governor Fabio Panetta said Wednesday that the weakness of economic activity in the eurozone is "more persistent than we expected" as he addressed the executive committee of Italian banking association ABI via video link.