Martedì, 23 Ottobre 2018

Italy in difficult recession, says Confindustria chief


(ANSA) - Chianciano, October 4 - Italy is in a recession
that will be hard to get out of, the president of Italy's
industrial employers' confederation Confindustria, Giorgio
Squinzi, said on Thursday.
Speaking at the general assembly of the Italian shipowners'
association Confitarma, Squinzi said that "the figures reflect a
very difficult scenario for the future...very difficult".
"We can and we must be ambitious and aim for a robust pace
of growth, at least 2% per year. It is a difficult goal, but not
Squinzi, who took over the helm of Italy's powerful
policy-shaping confederation in May told assembly attendees that
"it is time to change the pace. I believe that Italy has all the
potential needed to return to growth".

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