(ANSA) - Rome, May 26 - Vincenzo Boccia, the new president
of Italian industrial employers' confederation Confindustria,
said Thursday that Italy's return to growth after years of
recession was so modest it could not be considered a real
recovery.
"Our economy has undoubtedly got going again, but it's not
a recovery," Boccia told his first Confindustria assembly as
president.
"It's a modest, disappointing rise, which will not take us
back to pre-recession levels in a short period of time.
"The consequences of the double dip in demand and
production are still very deep.
"We must equip ourselves with a new economic paradigm.
"We have to construct a modern market capitalist system
that is open to capital and investment in industry of the
future.
"We are starting from scratch".
Boccia says growth disappointing (2)
New Confindustria chief says effects of crisis profound