File:Antonio-fazio.jpg
Bank of Italy Governor Antonio Fazio has resigned today, Monday December 19, after several months of crisis.  He is suspected of malpractice concerning the takeover of the bank Banca Popolare Italiana.  The European Central Bank has raised questions over allegations that Fazio accepted gifts from the Pop Italiana's former CEO, Gianpiero Fiorani.  Fiorani, suspected of embezzlement, was arrested last week.
The news was welcomed by many Italian politics. The European Central Bank President Jean-Claude Trichet said he "fully respected" Fazio's decision.



This page is archived, and is no longer publicly editable.
Got a correction? Add the template {{editprotected}} to the talk page along with your corrections, and it will be brought to the attention of the administrators.
Please note that due to our archival policy, we will not alter or update the content of articles that are archived, but will only accept requests to make grammatical and formatting corrections.
Note that some listed sources or external links may no longer be available online due to age.
Got a correction? Add the template {{editprotected}} to the talk page along with your corrections, and it will be brought to the attention of the administrators.
Please note that due to our archival policy, we will not alter or update the content of articles that are archived, but will only accept requests to make grammatical and formatting corrections.
Bank of Italy governor, Antonio Fazio, presents resignation today