Hidden Bibliographic Details
| Other authors / contributors: | International Monetary Fund. Monetary and Capital Markets Department.
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| ISBN: | 1484327861
9781484327869
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| Notes: | Title from PDF title page (IMF Web site, viewed Oct. 1, 2013).
"Prepared by: Monetary and Capital Markets Department."
"September 2013."
"September 6, 2013"--Page 2 of pdf.
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| Summary: | This Financial System Stability Assessment report provides a review of .Italian financial system. The announcement of outright monetary transactions (OMT) and steps toward a banking union have blunted the impact of the sovereign debt crisis on banks, and the expansion of European Central Bank (ECB) liquidity facilities has temporarily shielded Italian banks from wholesale funding volatility. Stress tests suggest that the system as a whole is able to withstand both the already weak baseline macro outlook and the phase-in of Basel III requirements.
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| Standard no.: | 10.5089/9781484327869.002
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