Visco speaks about Italy
- Italy needs jobs and demand to revive economy and lower debt
- Working population set to fall, which is a new risk
- Need focus on medium-to-long term policies
- Need improved education and services competitiveness
- High debt is due to low growth, not mismanagement
- Bank of Italy and policymakers can do more to shield savers
- Low confidence in future explains nationalism in Italy
Here's a interesting fact: The average household in Italy is wealthier than the average household in Germany.
