OECD's Scarpetta Says Italy's Growth More Resilient Than Expected
The organization's chief economist pointed to ongoing reforms as a factor behind Italy's stronger-than-anticipated economic performance.
Italy's economic growth has proven more resilient than expected, according to OECD chief economist Stefano Scarpetta, in comments reported by ANSA.
Scarpetta pointed to Italy's progress with economic reforms as a factor supporting the country's growth outlook, and said continued reform efforts would be important for boosting productivity going forward.
The report did not include specific growth figures or forecasts for the Italian economy, nor did it detail which reforms Scarpetta was referring to specifically.
The OECD regularly publishes economic assessments of member countries, and its officials' comments on individual economies are closely watched by policymakers and markets as indicators of the organization's broader economic outlook.
Further details on Scarpetta's remarks, including any additional context on Italy's economic challenges, were not available in the report.
Sources
EGazette summarizes reporting from multiple sources; follow the links for the originals.
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