Italy: 2013 Article IV Consultation

September 27, 2013

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Italy: 2013 Article IV Consultation, (USA: International Monetary Fund, 2013) accessed December 25, 2024

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.

Subject: Banking, Distressed assets, Financial institutions, Financial sector policy and analysis, Fiscal policy, Fiscal stance, Loans, Nonperforming loans, Public debt

Keywords: A number of measure, Consultation discussion, Coverage ratio, CR, Distressed assets, Europe, Fiscal stance, Global, Holding, ISCR, Italy, Liability positions vis, Loans, Measure, Nonperforming loans, Vis nonresident

Publication Details

Pages:

67
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2013/298
Stock No:

1ITAEA2013001
ISBN:

9781484350942
ISSN:

1934-7685

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