The evaluation of the IMF on "management of economic and fiscal policy in Italy during the crisis was particularly favorable." Said Arrigo Sadun, Executive Director of the IMF for Italy. Sadun said that "the IMF has considered the report on, and we recognized that, despite high public debt, management has been extremely prudent and effective."
"The weakening of the euro at this moment there is very good, the Italian and European economy in particular - said Sadun - serious dangers of inflation and there are no weak currency helps us a lot on exports that are The most dynamic sector in this phase of slow recovery. "
According to Sadun then we would be in the final area of \u200b\u200bwhat he has often referred to a situation" a Victorian tub, "confessing that he does not love the very DEFINITION used by many experts that use letters of the alphabet to describe the 'evolution of the crisis (V, U, or W). Sadun than creating an EU Monetary Fund said to be a group project which starts from the functions they perform and the IMF which already exist in several chopped European bodies, but that is not urgent. "
" We need to put these skills together - said Sadun talking about the activities of financial assistance, according to surveillance and technical assistance to countries emerging - In the hands of a new institution, not necessarily in a Community institution like the ECB, but the committee in an institution that enactment of national governments as well as the international fund. "According to Sadun structure of this kind would not be negatively evaluated by the same IMF but, rather, would be frowned upon.
(Tgcom)
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