Consob, Paolo Savona leaves. In its place a pro-European, Di Noia is on pole

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Consob, Paolo Savona leaves. In its place a pro-European, Di Noia is on pole

Paolo Savona would have decided to say goodbye to Consob. The former minister had accepted the post during Count 1, shortly after his controversial entry into the government. Now, – reads the Corriere della Sera – the man who caused an institutional crisis with few precedents by fanning “a plan B” to exit the euro and attacking the single currency and the eurozone (defined as “the German cage”) seems ready to leave the public scene to a pro-European profile. For this reason, one of the names that are made with greater insistence is that of Commissioner Carmine Di Noia, one of the five members of the college.

Di Noia, 54, a pupil of Tommaso Padoa-Schioppa, – continues the Corriere – has spent years in all international fora on the need for a Union of capital markets. The authoritative “Politico” magazine gives him first in the ranking for the race for the presidency of ESMA, the European securities and market Authority, the European Consob. In Paris, where ESMA is based, Di Noia competes with the second in the ranking, the German economist Verena Ross who has been director of the Institute for 10 years.

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