Italy; 2013 Article IV Consultation
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.
Year of publication: |
2013-09-27
|
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Institutions: | International Monetary Fund (IMF) ; International Monetary Fund |
Subject: | Article IV consultation reports | Fiscal risk | Spillovers | Tax evasion | Corruption | Fiscal policy | Fiscal reforms | Banking sector | Economic indicators | Debt sustainability analysis | Staff Reports | Press releases | Italy |
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