"I anticipate that credit institutions will take advantage of the new circumstances and resume their banking operations". Economy Minister Giancarlo Giorgetti accused the financial industry of failing to fulfill its obligations. According to the minister, "the fall in the spread to 87 basis points, the lowest level in the last fifteen years, has resulted in an immediate revaluation of banks' assets," which prompted "the granting of credit". Indeed, "even the improvement in the sovereign rating has effectively translated into an upgrade in the ratings of many banks". However, in light of this circumstance, banks need to do more: "Returning to banking, which involves the collection, protection, and lending of savings, while earning an ordinary interest margin." Instead, over the last fifteen years, while institutions have recovered, "loans to businesses with nominal terms have been reduced by one-third, and banks have preferred to manage assets rather than finance businesses". Final point: "The banker, who is exclusively concerned with the acquisition of profit and its immediate distribution, makes the same error as the politician who is exclusively concerned with securing electoral support".