In Italy, the economic recovery continues but remains stunted. Notwithstanding the improvements obtained with the reforms of recent years, Italian production system is still hindered by an environment that is not business friendly. In this scenario, banks face a delicate transition, in a still weak economic environment. The difficulties will
be solved all the more easily the sooner the economic recovery gains a firm footing: non-performing loans will be disposed of more quickly and the recovery of profitability will be less complex.
