Giovedì, 20 Settembre 2018

Italy's imbalances require decisive action, says EU


Brussels, April 10 - The European Commission (EC)
said that there were major imbalances in the Italian economy
that require urgent attention in a report on Wednesday.
"Italy is experiencing macroeconomic imbalances, which
require monitoring and decisive policy action," the EC said in a
report on 13 European Union states whose economies are
considered in need of "in-depth reviews".
"In particular, macroeconomic developments in the areas of
export performance and the underlying loss of competitiveness as
well as high public indebtedness in an environment of subdued
growth deserve continued attention in order to reduce the risk
of adverse effects on the functioning of the Italian economy and
of the Economic and Monetary Union".

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