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Cutting graft 'boosts GDP:'Confindustria

Graft reduction 'would halve growth differential with Europe'

Redazione Ansa

(ANSA) Venice, March 27 - If Italy reduced corruption to the levels of Spain the Italian GDP would increase by 0.6% a year," the Confindustria employers' federation leader for small firms, Alberto Baban, said Friday.
    Graft "cuts the legs off growth: if we could reduce it to the level of Spain GDP could increase by 0.6% a year," Baban said.
    "In this way we would cut by half the differential in speed of growth with the rest of Europe," he said.
   

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