Italy: 2013 Article IV Consultation

Publication Date:

September 27, 2013

Electronic Access:

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Summary:

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.

Series:

Country Report No. 2013/298

Subject:

English

Publication Date:

September 27, 2013

ISBN/ISSN:

9781484350942/1934-7685

Stock No:

1ITAEA2013001

Pages:

67

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