Italian economic recovery sluggish-Visco

(ANSA) - Rome, October 27 - Italy's economic recovery hasn't stopped but is progressing sluggishly, although it should see a slight uptick in the third quarter, said Bank of Italy Governor Ignazio Visco on Thursday. "Despite improvements from reforms, the production system is still hampered by a climate unfavorable to business, still weighed down by excessive bureaucracy, the slow pace of the justice system, and illegal activity," he said.