EconPapers    
Economics at your fingertips  
 

Editoriale. I problemi delle banche vanno molto oltre le mele marce (Editorial. Italy's banks problems run deeper than NPLs)

Carlo D'Ippoliti

Moneta e Credito, 2017, vol. 70, issue 280, 293-297

Abstract: The short article introduces to the current issue of the journal. Over the past two years, the health of Italy's banks has become the main economic policy issue in the country. Most policymakers and commentators still assume that, were it not for a few 'rotten apples', the system is relatively stable and solid. They thus propose to tackle the legacy non-performing loans (NPL) problem in a gradual and focussed way. In contrast, the comprehensive and in-depth empirical analysis by Montanaro and Tonveronachi (2017) published in this issue highlights that the Italian banks' problems are structural and diffused. The authors therefore argue for a rapid solution of the NPL issue, but also point out that NPLs are far from being the main issue. Rather, a large number of Italian banks exhibit too low profitability to sustain internal growth once the cost of risks and of capital are met. In a forthcoming issue the journal will host a wide debate on the main findings of this work, as well as on the policy implications.

Keywords: editorial; non-performing loans; Italy (search for similar items in EconPapers)
JEL-codes: G01 G20 Y20 (search for similar items in EconPapers)
Date: 2017
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://ojs.uniroma1.it/index.php/monetaecredito/article/view/14161/13893 (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:psl:moneta:2017:41

Ordering information: This journal article can be ordered from
http://www.monetaecredito.info

Access Statistics for this article

Moneta e Credito is currently edited by Alessandro Roncaglia and Carlo D'Ippoliti

More articles in Moneta e Credito from Economia civile
Bibliographic data for series maintained by Carlo D'Ippoliti ().

 
Page updated 2025-03-22
Handle: RePEc:psl:moneta:2017:41