ECB’s Visco: Monetary conditions need to remain "expansive"

The European Central Bank (ECB) Governing Council member and Italian Central Bank Head Visco crossed the wires now, via Reuters, making a scheduled speech on various topics, including the Italian banks and ECB tapering/ rate hike talks.

Key Headlines:

Italy's economic recovery has strengthened

Favors EU project for state-backed bad bank

Italian banks' rescues removed risk factors of industry

Recapitalization to be finalized by early August