ECB : High risk of pension reform U-turn in Italy … ANSA
ECB : High risk of pension reform U-turn in Italy
Flexibility wd cut transparency says central bank
(ANSA) There is a “high” risk of a U-turn on pension reform in Italy, the European Central Bank said Thursday.
The new government is planning to revise the unpopular 2011 Fornero pension reform, impacting public accounts.
The ECB added that EU flexibility on Italy’s public finances would reduce transparency.