Domenica, 23 Settembre 2018

Italy missed 'extraordinary' market change, says BOI head


Rome, May 31 - Over the past 25 years, Italy has
failed to take part in enormous marketplace changes and must now
act fast to catch up, Bank of Italy Governor Ignazio Visco said
"We were not able to respond to the extraordinary
geopolitical shifts in technology and demographics of the last
twenty-five years," Visco told the central bank's annual meeting
in Rome.
That is now taking an enormous toll on the Italian economy
and government policy reform is essential to catch up and
stimulate an economic recovery, he said.

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