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Italy facing worrying future, says Finance Minister

(AGI) Rome, Sept 29 - Italy's Finance Minister Pier CarloPadoan told the Inter-parliamentary Conference on the FiscalCompact (Conferenza interparlamentare sul fiscal compact) inthe Chamber of Deputies that the country is facing a "veryworrying combination" of low growth, low investment, highunemployment and low or non-existent inflation in a high-debtsituation. "Europe is at a crossroads. We can imagine a Europein the coming years in a situation of continuing stagnation ora Europe that is able to take a different path to growth," saidPadoan. . .
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(AGI) Rome, Sept 29 - Italy's Finance Minister Pier CarloPadoan told the Inter-parliamentary Conference on the FiscalCompact (Conferenza interparlamentare sul fiscal compact) inthe Chamber of Deputies that the country is facing a "veryworrying combination" of low growth, low investment, highunemployment and low or non-existent inflation in a high-debtsituation. "Europe is at a crossroads. We can imagine a Europein the coming years in a situation of continuing stagnation ora Europe that is able to take a different path to growth," saidPadoan. . .

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