Italy: Staff Report for the 2003 Article IV Consultation
IMF Staff Country Reports, November 13, 2003
Source details
- Canonical URL
- Italy: Staff Report for the 2003 Article IV Consultation
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Bibliographic details
- Published: November 13, 2003
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781451819755.002
Major findings — economic activity
- Economic activity stagnated in the first half of 2003.
- Recent indicators point to a gradual recovery.
Major findings — product markets and competition
- Progress had been secured over recent years on product markets.
- Italy continued to suffer from insufficient competition in a number of protected sectors.
Major findings — banking system
- Consolidation, privatization, and improvements in risk management in recent years have helped the banking system weather the current economic slowdown.
Major findings — telecommunications
- The authority for telecommunications has recently revised downward the price cap in the retail market.
Subjects and keywords
- Subject: Employment, Expenditure, Fiscal policy, Fiscal stance, Labor, Public debt, Wages
- Keywords: authority, banking system, core inflation rate, CR, Employment, EU commitment, EU Lisbon strategy, EU presidency, EU projection, euro, Europe, Fiscal stance, Global, growth potential, ISCR, rate, Southern Europe, staff, Wages