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22 June 2019 "If we feed the fear that many of us may have, that in the end the policy is to detach ourselves from Europe, the markets listen to it and are insured against this risk. So are various basic points of interest rates highest that are required ". Bank of Italy Governor Ignazio Visco said this during the Tech Festival Sheet in Venice. "Distrust must be reduced - he added - by not pursuing harmful objectives, and the ability of the economy to grow through public-private investments must be emphasized"."Surely there is a concern about growth with such high interest rates. If the issuance of public securities sees 2.5 points more than in Germany and one more than one in Spain, this will gradually move into all the mechanisms that grant private credit and this transfer eventually slows down the economy's ability to grow with effects on investments, "the governor said.
"Central banks have been studying digital currency for a long time, it is something complementary that can be controlled," Visco said, noting that bitcoins are something else. "The real problems of electronic money - he added - are digital security and privacy. There is already surveillance and the ECB takes care of it".