Martedì, 18 Settembre 2018

'Investment conditions unfavourable to Fiat in Italy'


(ANSA) - Rome, September 25 - Italy's economy is not open
enough to attract investments and persuade a large group like
Fiat to stay in the country, the Organisation for Economic
Cooperation and Development's chief economist said Tuesday.
Piercarlo Padoan told Italian TV that an economy of this
type "has not existed in Italy for some time, unfortunately,
above all compared to our major competitors".
The government should pass business-friendly measures and
cut red tape, the OECD economist said.
Fiat told the government at the weekend that it would stay
in Italy but could not invest in plants or products until the
market was right.

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