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ECB : High risk of pension reform U-turn in Italy … ANSA June 29, 2018 at 10:04AM

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.

 

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