Banks must use the reserves they have accumulated in this phase to help the real economy in lean times.
This was stated by the Minister of Economy Giancarlo Giorgetti speaking in Rome at the League's political training school.
"The poor savers, quite lazy, kept the money in the current account at zero interest, while the banks put it on any security that yielded 5% and earned without being a bank, without even making the effort to finance the real economy and therefore the entrepreneur who it needs to develop the activity", he said, among other things, speaking about the tax on non-revenues.
As it was designed, it was right, he remarked.
For the minister there are times when banks earn a lot of money, but there are also times when they blow up.
And then the State must come to save them, to put money into them.
We don't have to go very far to see cases like this.
The banks - he continued - should use those reserves to avoid creating problems for others when the lean periods arrive.
Today everything seems to be going well, look at the stock market indices: the banks are all doing very well, but when interest rates fall, and we hope they will fall, and the economy will perhaps create some small problems, the situation may no longer be as rosy as it is. today," he said.
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