Hemmati has traveled to the Russian capital at the head of a high-ranking delegation. Iranian Ambassador to Russia Mehdi Sanaei was also present in the Thursday meeting.
Luis Caputo’s surprise resignation after just three months in the role came as a nationwide strike by unions, called to protest Macri’s handling of the economy, shuttered public transit and ports across the country.
Former Economic Policy Secretary Guido Sandleris, who holds a doctorate in economics from Columbia University, was named as Caputo’s replacement.
The Dutch central Bank, the DNB, mentioned Italy as a risk factor in its spring Financial Stability Report on Friday. „One of the main threats to financial stability is a sudden increase in interest rates due to growing risk premiums,“ the report said.
(18.10.2017) The move to oust Visco comes at a sensitive time for Italy and the euro area. The ECB, where he sits on the Governing Council, is due to meet next week to try and agree on how and when it can wind down its bond-buying program.