Italy: Staff Report for the 2012 Article IV Consultation

July 10, 2012

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Format: Chicago

Italy: Staff Report for the 2012 Article IV Consultation, (USA: International Monetary Fund, 2012) accessed November 21, 2024

Summary

This 2012 Article IV Consultation focuses on Italy’s economy, which is expected to continue contracting through the year owing to tight financial conditions, global slowdown, and the needed fiscal consolidation. The government has embarked on wide-ranging structural reforms to boost productivity and potential growth. Executive Directors have commended the Italian authorities for launching an ambitious policy agenda to secure fiscal sustainability and promote growth. Directors have also acknowledged the important steps taken toward deregulating the service sector and making the labor market more flexible and inclusive.

Subject: Banking, Expenditure, Financial institutions, Fiscal consolidation, Fiscal policy, Fiscal stance, Loans, Public debt, Sovereign bonds

Keywords: Consumer confidence confidence indicator, CR, Europe, Financing of company, Fiscal stance, Global, ISCR, Justice reform, Labor market reform law, Loans, LTRO funding, Regime, Sovereign bonds, State support

Publication Details

Pages:

66
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2012/167
Stock No:

1ITAEA2012001
ISBN:

9781475506518
ISSN:

1934-7685

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