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Cesare Geronzi: economic crisis? Italy is Europe's best

Cesare Geronzi during Speaking at the Chair of the Diocese of San Giusto Trieste, commented on the situation of economic crisis in Italy :
"If Europe is crying, Italy can still be in his small force of the state of health of its banks, thanks to the consolidation processes of the nineties, the supervision of the Bank of Italy, the shield provided by the Government and public finance policies that allowed that they are well covered by the safety of the accounts of the State. "
However, Continue Geronzi , for Italy "growth between 1, 1 and 1%, 2% is not adequate to tackle unemployment which came to 8, 6%, the highest point since 2004.
In this scenario crisis of business and government accounts for Cesare Geronzi is urgent that government funds are restored to 5 per thousand, needed to finance the so-called "third sector", the only one that can support the subsidiarity in the country.

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Cesare Geronzi: insurance companies in times of crisis

In the current crisis, Cesare Geronzi claims that "the General , as for the other European insurance companies operating both in class and in class life damage, no need for it arises capital increases, but there was only a temporary reduction in the dividend for 2009. "
" Now we are going to present a satisfactory result for the year without doubt. The new year will be addressed with a strengthening and reinforcement of organizational strategies. "

The hot topic is the appointed country manager for Italy provided by the housekeeper, but now vacant, for which by the name of 'current CFO, Raffaele Agrusti.
"will decide the Board of Directors - said Cesare Geronzi - I can only make a contribution at the time of decisions. Agrusti? It 'so good it can do any cosa".
A buon intenditor...

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Cesare Geronzi: the economic crisis is more Europe

Cesare Geronzi , su Milano Finanza di oggi, parla di crisi economica e moneta unica:

"Sarebbe catastrofico oggi decidere l'uscita dall'euro". Cesare Geronzi non usa perifrasi per dire come la pensa sulla moneta unica nel pieno della crisi finanziaria che sta fiaccando l'Europa. Il presidente delle Generali , intervenuto alla Cattedra di san Giusto alla diocesi di Trieste, ritiene piuttosto che serva più Europa in questa fase, e addirittura si spinge anche oltre, affermando la "crucialità di una governante globale da costruire, up the idea of \u200b\u200bachieving a kind of embryonic global central bank ", which" should not further delay ".
If the source of the crisis is the lack of rules, it is these that must return to the political scene, supports Cesare Geronzi . AND 'NO global financial regulation, based on IMF, World Bank, World Trade Organization and the Financial Stability Board. The G20 Summit in Seoul has produced a disappointing result, with generic commitments against protectionism and competitive devaluations "The only concrete measure approved Basilea3 concerns." Even in Europe, continues Cesare Geronzi , "beyond the new architecture of the supervisory board that will take off on Jan. 1, which is not a fundamental reform," no substantial progress has been made: "Nothing has been done on derivatives, despite the need to regulate trade on a centralized platform. While it takes a lot more: the alternative exit the euro is rather "a step in the mechanisms of integration into a real economic governance, an objective is very different from the current revision of the Stability Pact.
especially important to strengthen the ' Eurosystem and provide the institutions Community a plan anticontagio general. It should not be lost any more time dealing with the case of Portugal. "And well, according to Cesare Geronzi , is the governor of the ECB, Jean-Claude Trichet, to keep your guard against the financial distress still there.