Rome

Italy's recovery weak, productivity down - OECD

Reforms helpful, pushed by monetary policy

Italy's recovery weak, productivity down - OECD

Rome, February 15 - The Italian economy is "emerging from a long and deep recession", according to an economic survey on the country released by OECD on Wednesday. "Macroeconomic policies initiated by the Italian government and supportive monetary policy have contributed to the turnaround, along with lower commodity prices," it said. The report said however that recovery is weak and productivity continues to decline.

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