Italy: Staff Report for the 2003 Article IV Consultation

November 13, 2003

Preview Citation

Format: Chicago

Italy: Staff Report for the 2003 Article IV Consultation, (USA: International Monetary Fund, 2003) accessed October 2, 2024

Summary

Economic activity stagnated in the first half of 2003, but recent indicators point to a gradual recovery. On product markets, there was agreement that progress had been secured over recent years, but also that Italy continued to suffer from insufficient competition in a number of protected sectors. Consolidation, privatization, and improvements in risk management in recent years have helped the banking system weather the current economic slowdown. The authority for telecommunications has recently revised downward the price cap in the retail market.

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

Publication Details

Pages:

59
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2003/351
Stock No:

1ITAEA0012003
ISBN:

9781451819755
ISSN:

1934-7685

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