Martedì, 23 Ottobre 2018
BERLIN

'Life good in Italy' says German minister

English
© ANSA

Berlin, April 23 - Despite the continuing crisis in
Italy and Europe-wide austerity measures, Italy still enjoys a
high standard of living, German Finance Minister Wolfgang
Schaeuble said Tuesday.
"In Italy life is still good, which is why we Germans also
like to go there on vacation so much," Schaeuble said in an
interview with business publication Wirtschaftswoche online.
Referring to a much-publicized, recent study by the
European Central Bank which showed that southern European
countries are by some measures wealthier than northern European
ones, Schaeuble said the study "contradicts a widely held
impression according to which the necessary reform process will
reduce southern Europe to grave poverty".

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