In this interview excerpt, Ignazio Visco, economist, senior official at the Bank of Italy since 1971 and Governor of the Bank of Italy since 2011, discusses how he met Tommaso Padoa-Schioppa, who was a senior official at the Bank of Italy from 1968 onwards and Deputy Director General from 1984 to 1997. Visco also describes Padoa-Schioppa’s influence at the Bank of Italy.

In this interview excerpt, Alfonso Iozzo, senior executive in the Sanpaolo banking group from 1961 to 2006, Chairman of Cassa Depositi e Prestiti in Rome from 2006 to 2008, member of the European Federalist Movement since 1963 and Vice-Chairman of the Triffin International Foundation, emphasises the esteem that Tommaso Padoa-Schioppa, Deputy Director General of the Bank of Italy from 1984 to 1997, a member of the Executive Board of the European Central Bank from 1998 to 2005 and Italian Minister for the Economy and Finance from 2006 to 2008, had for regulatory authorities and the importance he attached to regulation, especially within the banking sector.

This film clip shows various extracts from the hearings of the candidates for the position of Member of the Executive Board of the European Central Bank, which took place in the European Parliament, then of the vote which took place on 13 May 1998 in plenary sitting following the submission, by Christa Randzio-Plath, of the recommendations, drawn up on behalf of the Committee on Economic and Monetary Affairs and Industrial Policy, regarding the appointment of Wim Duisenberg, Christian Noyer, Eugenio Domingo Solans, Sirkka Hämäläinen, Otmar Issing and Tommaso Padoa Schioppa.

In this interview excerpt, Christian Noyer, Vice-President of the European Central Bank from 1998 to 2002 and Governor of the Banque de France since 2003, describes the operation of the Executive Board of the European Central Bank.

In this interview excerpt, Christian Noyer, Vice-President of the European Central Bank from 1998 to 2002 and Governor of the Banque de France since 2003, describes Tommaso Padoa-Schioppa’s sphere of activity as a member of the Executive Board of the European Central Bank from 1998 to 2005.

A meeting of the members of the Executive Board of the European Central Bank in 2000. From left to right: Eugenio Domingo Solans, Christian Noyer, Tommaso Padoa-Schioppa, Sirkka Hämäläinen, Otmar Issing, Willem F. Duisenberg.

In this interview excerpt, Christian Noyer, Vice-President of the European Central Bank from 1998 to 2002 and Governor of the Banque de France since 2003, outlines the stance taken by Tommaso Padoa-Schioppa, a member of the Executive Board of the European Central Bank (ECB) from 1998 to 2005, on the ECB’s policy of medium-term price stability, which he believed should not rule out the ECB’s contribution to the development of other European Union policies on employment and growth.

In this interview excerpt, Jean-Claude Trichet, Director of the French Treasury from 1987 to 1993, Governor of the Banque de France from 1993 to 2003 and President of the European Central Bank (ECB) from 2003 to 2011, discusses the work of Tommaso Padoa-Schioppa during his time as a member of the first Executive Board of the ECB from 1998 to 2005, where he had particular responsibility for international relations.

In this interview excerpt, Michel Camdessus, Director of the French Treasury from 1982 to 1984, Governor of the Banque de France from 1984 to 1987 and Managing Director of the International Monetary Fund (IMF) from 1987 to 2000, explains the origins of the Palais Royal initiative, which proposed an 18-point reform of the International Monetary System. He particularly refers to Tommaso Padoa-Schioppa’s influence on the composition and work of the group of experts that drew up this document.

In this interview excerpt, Michel Camdessus, Director of the French Treasury from 1982 to 1984, Governor of the Banque de France from 1984 to 1987 and Managing Director of the International Monetary Fund (IMF) from 1987 to 2000, describes the follow-up given to the Palais Royal initiative, which proposed an 18-point reform of the International Monetary System.

In this interview excerpt, Michel Camdessus, Director of the French Treasury from 1982 to 1984, Governor of the Banque de France from 1984 to 1987 and Managing Director of the International Monetary Fund (IMF) from 1987 to 2000, describes the conditions that he believes are necessary for a reform of the International Monetary System.

In this interview excerpt, Ignazio Visco, economist, senior official at the Bank of Italy since 1971 and Governor of the Bank of Italy since 2011, describes the approach to economics developed by Tommaso Padoa-Schioppa, Deputy Director General of the Bank of Italy from 1984 to 1997, a member of the Executive Board of the European Central Bank from 1998 to 2005 and Italian Minister for the Economy and Finance from 2006 to 2008.