ATHENS, March 27 Delays in concluding Greece's bailout review risk dislodging growth forecasts this year, Greek central bank governor Yannis Stournaras said on Monday.
"This delay creates uncertainty," Stournaras said. "It has started to have an adverse effect on all indicators of the economy for some months now, putting in doubt all targets, without exception, of the coming year."
Greek economic growth was flat last year. The government expects a return to strong growth this year, at 2.7 percent. (Reporting by Lefteris Papadimas)
Intesa Sanpaolo board tasks CEO with completing purchase of Veneto banks' assets
MILAN, June 25 The board of Italy's biggest retail bank Intesa Sanpaolo has tasked CEO Carlo Messina with completing the purchase of the good assets of two ailing Veneto-based lenders, a source close to the matter said on Sunday.