Pizzoli

"Indeed, the market impact of recent bond purchases has been substantial, so far," said Paolo Pizzoli , an economist at ING Bank NV.

ECB Bond Purchases Fall Sharply Margit Feher 2011

ALberto Pizzoli/Agence France-Presse/Getty Images Demonstrators marched past a burning car in downtown Rome.

'Occupy' Protests Around the World 2011

Concurrently, banks' dependence on ECB financing will unlikely diminish any time soon, said Paolo Pizzoli, senior economist at ING Bank.

European Stocks End Lower Ishaq Siddiqi 2012

"All clear, for the time being," said Paolo Pizzoli, an analyst at ING.

Athens Lawmakers Pass Austerity Legislation Alkman Granitsas 2011

"The ongoing debate on the possible creation of a euro-zone bond market and growing fears that further negative surprises on the economic growth front might hinder fiscal sustainability across the euro zone are putting even more pressure on the ECB to temporarily remain both a lender and a reluctant investor of last resort," Mr. Pizzoli added.

ECB Bond Purchases Fall Sharply Margit Feher 2011

Alberto Pizzoli/AFP/Getty Images Students held a banner reading " But what future " as they walked in front of the Colosseum in Rome, trying to reach the Italian Chamber of Deputies to protest the vote on an education reform.

British, Italian Students Protest Planned Cuts 2010

Alberto Pizzoli/AFP/Getty Images A woman walked with her luggage past police in the center of Rome.

British, Italian Students Protest Planned Cuts 2010

Alberto Pizzoli/Agence France-Presse/Getty Images A police van and a car were set on fire at Piazza del Popolo as youths protested.

Berlusconi Wins Confidence Vote 2010

Alberto Pizzoli/Agence France-Presse/Getty Images Before the start of the meeting, a group of cardinals chatted.

Cardinals Meet in Rome 2010

Alberto Pizzoli/Getty Images About 150 cardinals met at the Vatican Friday, summoned by Pope Benedict XVI summoned the cardinals for a day of reflection before a ceremony Saturday to create 24 new cardinals.

Cardinals Meet in Rome 2010