Italy could grow. Padoan showed in New York ibn his most optimistic mood. He received the Gei Award, “Gruppo Esponenti Italiani,” the Group of Italian Representatives, an association that wants to make the image of Italy better beyond the ocean thanks to the activities of its members – major Italian agencies, organizations and institutions working in the USA. The Italian Minister of Economy and Finances reassured everyone saying the indicators of the Italian upswing are similar to the one of the International Monetary Fund (IMF) and the European Commission, but improvement are expected.
Speaking of national debt, Padoan said, “it is expected a stabilization during this year and a decrease of the debt starting next year”, and he added that economy will not only grow, but it is also financially stable. Only productivity can make this growth faster”.
Translation provided by Mary Ann D’Costa