ECB's QE OK but Fed's another dimension

(ANSA) - Rome, November 30 - Confindustria chief Giorgio Squinzi said Monday that the quantitative easing programme of the European Central Bank is "certainly one of the factors that is helping our country move and latch onto the recovery...(but) if we compare the volume of the ECB's QE with that implemented by the Fed let's say we're in another dimension".
    Squinzi also said that there had been "confusion" over a row between CGIL union leader Susanna Camusso and Labour Minister Giuliano Poletti over the latter's apparent suggestion that working hours should no longer be the base for contract renewal talks.
    "It's a complex issue," he said about Poletti's idea, which sparked the ire of Camusso and other union leaders.