Statement by Mr. Montanino, Executive Director for Italy, September 23, 2013

International Monetary Fund. European Dept.

doi:10.5089/9781484350942.002.A003

Italy : 2013 Article IV Consultation

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Volume/Issue:: 2013/298
Series:: IMF Staff Country Reports
Author(s):: International Monetary Fund. European Dept.
Publisher:: INTERNATIONAL MONETARY FUND
Published Date:: September 2013
DOI:: http://dx.doi.org/10.5089/9781484350942.002
ISBN:: 9781484350942
ISSN:: 1934-7685
Page:: 67

This 2013 Article IV Consultation highlights Italy's assesses measures undertaken to revive economic growth. Italy is vulnerable to a renewal of euro area tension and risks from domestic policy slippages, stalling of structural reforms, and banking distress that could undermine confidence. The government has taken steps to liberalize services, open the energy sector, and improve the labor market, but more is needed to boost productivity and raise Italy's low employment rate. The IMF report shows that banks have improved their capital positions, but continue to suffer from weak asset quality and profitability.

Italy - 2013 Article IV Consultation

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Statement by Mr. Montanino, Executive Director for Italy, September 23, 2013

Author(s):: International Monetary Fund. European Dept.
Published Date:: September 2013

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Italy : 2013 Article IV Consultation

Statement by Mr. Montanino, Executive Director for Italy, September 23, 2013

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