Squinzi says Renzi has good ideas, but too early to judge
Confindustria head says government actions as important as words14 March, 18:01
"The problem now is to download that power to make firm and concrete measures that are going in the right direction," he added.
"For now, all we've seen our headlines".
Those headlines describe a promising list of plans from Renzi, including 10 billion euros in personal tax cuts, smaller reductions to business levies, and a pledge to pay off 68 billion euros in outstanding bills, said Squinzi.
"Let's say for now that we have seen a list of intentions that seem to be going in the right direction," he said.
But to revive the Italy's lackluster economy, the government must lower labour costs while reforming the labour market, pay off debt, and simplify the complex system of regulations, "which for me is the top priority," said Squinzi.