Draghi, the crisis will lead to expensive loans for families

Day the World Savings Bank Governor d 'Italia, Mario Draghi, stated that "the impact of suffering on loans for the purchase of homes, still low, begin to show signs of deterioration." Draghi also said that "for families and businesses the rise in interbank rates will be reflected in an increase in the cost of variable rate loans" and indicates that 0.5% more in "would result in an average increase of 0.6% of disposable income, the impact would be greater for less affluent families." On the crisis of subprime and the reflection that it would in Italy, the governor of Bankitalia stresses that "the direct exposure of the major Italian banking groups to the area of subprime mortgages U.S. is limited" and that "even with regard to risk, so the Italian banking system does not seem to have suffered significant losses with respect to its asset size. Are being checked by the continuous supervision. " Dragons on a spear point of the banking system, "particularly for the banks most exposed to market risks, the need to constantly refine the management of liquidity, watching the liabilities as well as assets."

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