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Italy still 'vulnerable, fragile', says Barroso

Debt high, competitiveness low, says EC president

29 January, 15:23
Italy still 'vulnerable, fragile', says Barroso (ANSA) - Brussels, January 29 - European Commission President José Barroso said Italy remained "vulnerable and fragile" even though it was emerging from its longest recession since the postwar. "Even though it's starting the year without financial emergencies, the challenges remain for Italy," he said after meeting Italian Premier Enrico Letta. "The debt's still there, competitiveness is low. The country is still vulnerable and fragile. "There's no reason for complacency. The structural adjustments must continue".

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