Italy has finally left the
economic recession behind, Confindustria employers association
chief Giorgio Squinzi said Thursday.
An EU growth forecast released earlier in the day "shows
there is improvement", Squinzi added.
"We really should see the end of the tunnel shortly."
Squinzi also reiterated his "overall positive" evaluation
of the government's 2016 budget bill currently before
parliament.
However the budget should include more funds for research
and innovation and for Italy's chronically impoverished South,
he said.
Squinzi said the country's industries have a "high growth
potential" but they need "a new industrial policy".
While Confindustria is "genetically opposed" to government
interference in the business world, it wants "a policy that
gives the country big aims serving as pole stars for industrial
development and scientific, technological, economic and social
advancement," Squinzi said.
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