The financial system according to Andrea Sironi: European leadership

The financial system according to Andrea Sironi: European leadership

Andrea Sironi is a renowned Italian economist whose fame goes far beyond national boundaries. Graduated in Political Economy from the University of Bocconi in 1989proud to be rector in 2012He held this post till 2016.

His extensive experience of foreign financial systems and markets, which he focused on from a young age. After graduation, in fact, he moved to London to work as a financial analyst in what is now JPMorgan Chase,

His career has also seen him take on academic roles, researching financial risk management, regulation and international supervision of financial institutions.

Andrea Sironi’s journey

There have been countless roles involved over the years that we won’t go into here. just imagine he was a member of Board of Directors of several major banks, including Unicredit and Intesa San Paolo. He has also been the President of the AIRC Foundation for Cancer Research since 2021.

A great lover of yachting, he experiences the world of finance just as it would be on the high seas or at sea. And he knows all too well what it’s like to deal with situations where spur of the moment decisions are needed. In fact, he crossed the Atlantic Ocean twice. For him, sailing is a teacher of life and, he explained, he leaves fear behind and navigates the seas of the world and the oceans of finance in the same way.

Challenges to European Leadership

Always looking to the future, economist Andrea Sironi summarizes what, in his view, are the four tomorrow’s challenges for European leadership. need to be able Overcome the Economic Model Which has characterized the old continent in the last twenty years.

the first step is to succeed Re-convert to an export-oriented model, So the challenge is to develop, as explained Fortune Italy: “a growth model that stimulates aggregate domestic demand more, as has happened in the last two years, partly through investment than consumption”.

then we move to iinflation, another challenge that the European Central Bank is trying to manage in the best way possible. The fourth is represented by energy. An area full of ups and downs and sudden changes, influenced by various external factors. He points out that being able to narrow the gap with the United States is important, as there would be a risk of inducing European companies to relocate production.

this is the last challenge loanGiven the crises the world has faced in recent years, it has been left almost unconditional. Hence the significant increase in the public sector debt of all European countries, on the domestic and business front, as well as that of governments: “This problem must be tackled with courage, especially in the context of rising interest rates”.





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