Rome

Banks and government need to work together to defeat crisis

Economic recovery is a team effort, says Letta

Banks and government need to work together to defeat crisis

Rome, July 10 - If Italy does not pull out of the economic crisis banks will continue to suffer "and vice versa," Premier Enrico Letta said on Wednesday. In a message to the Italian banking association ABI, Letta said that the "challenge" of economic recovery "can only be won if we proceed as a community driven by shared goals". "We are allies in this game. And today more than ever we need to make the best team effort," Letta said.

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