Monday, July 27, 2015

IMF Italy: it takes 20 years to return to pre-crisis levels – TGCOM

– “Without a significant acceleration of the growth , it will take 10 years to nearly 20 years in Spain and Portugal and Italy to reduce the unemployment rate to levels pre- crisis “. It says Background money international , noting that unemployment in the euro area is “high” and “probably will remain so for some time” .

IMF Italy: it takes 20 years to return to pre -crisis

The recipe of the IMF – “Increasing the efficiency of the public sector and improve the civil justice”. Are some of the recommendations of the IMF to Italy, which should also “improve the flexibility of the labor market and increase competition in the markets for products and services.” And ‘necessary, according to the IMF, “adopt and implement the planned reform of the Pa, which should include the procurement reforms of local public services, the public tenders and the management of human resources.”

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