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Weekly Focus: Economic Situation

42 MONETE

– PM Monti’s labor market reforms are not only “moving” Italy, but are also grasping investors’ interest worldwide. Following the drastic austerity course, his measures to overhaul and modernize the deeply entrenched labor market should start to set the Italian…

Weekly Focus: Economic Situation

42 MONETE

– Weak PMI figures last week have fueled discussions about the global recovery. We acknowledge the risks, but these are volatile times, and it is too early to jump to conclusions. Today figures: Business Climate 109.80 vs. 109.6 / Current…