Draft EU findings reportedly praise Mario Monti’s government for the progress it’s made in reforming Italy’s economy, although criticizes it for not doing enough to tackle tax evasion and the rather large black economy. The report, which is due on Wednesday, also warns that austerity “may depress domestic demand and growth in the short term.”
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Read more from the original source: Draft EU findings reportedly praise Mario Monti’s government for the progress it’s made in reforming Italy’s economy, although criticizes it for not doing enough to tackle tax evasion and the rather large black economy. The report, which is due on…
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