Still 'risky' to speak of recovery says Squinzi (2)

(ANSA) - Turin, September 11 - The head of the Confindustria employers' group, Giorgio Squinzi, on Friday commented on improved July output data by saying "the positive data are there but it's a bit risky to speak of a recovery". He added: "Let's hope the figures are confirmed over the coming months (but) there is, however, a new climate". Squinzi has been much more leery than Premier Matteo Renzi of seeing the green shoots of recovery coming through thanks to a recent set of good economic numbers.