Bank of Italy governor, Antonio Fazio, presents resignation today
{{date|December 19, 2005}}
{{missing image|Image:Antonio-fazio.jpg|right|thumb|Anonio Fazio}}
{{w|Bank of Italy}} Governor {{w|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 {{w|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 {{w|Jean-Claude Trichet}} said he "fully respected" Fazio's decision.

==Sources==
*{{source|url=http://www.ansa.it/main/notizie/awnplus/english/news/2005-12-19_2162537.html
|author=|title=Fazio's resignation welcomed
|pub=Ansa|date=December 19, 2005}}
*{{source|url=http://www.cnn.com/2005/BUSINESS/12/19/italy.banker.reut/index.html
|author=|title=Embattled central banker resigns
|pub=Cnn|date=December 19, 2005}}
*{{source|url=http://today.reuters.com/business/newsArticle.aspx?type=bankingFinancial&storyID=nL19556755
|author=|title=Fazio quits following prolonged Italy bank scandal
|pub=Reuters|date=December 19, 2005}}

 
 

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[[Category:Italy]]
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[[de:Rücktritt des italienischen Notenbankchef Fazio]]
[[it:Antonio Fazio si è dimesso da governatore della Banca d'Italia]]
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  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  said he "fully respected" Fazio's decision.
Italy European Union Economy and business Published European Central Bank