"A rate cut could help strengthen European growth":
Economy Minister Giancarlo Giorgetti
said this on the sidelines of the G20 in Brazil
.
"I believe the data on Italian inflation are positive", added the minister.
"Italy's data is positive and perhaps even better than others. The monetary policy tightening had a clear objective, to bring inflation to the target. We are probably not there yet but at this moment perhaps an easing of rates could contribute to a situation of economic growth that is languishing around Europe. After which monetary policy is autonomous and independent, this is a hope with which I believe I interpret the entire political class, not just Italian ones", explained Giorgetti.
"There is a fair amount of discussion at the moment on the final communiqué of the G20 economy, on which there is no agreement", said Minister Giorgetti, adding that "it is the third G20 and every G20 it is increasingly difficult to find clear-cut formulas of condemnation of Russian aggression against Ukraine".
"Inflation is falling faster than expected," said the governor of the Bank of Italy, Fabio Panetta, speaking on the sidelines of the G20 in Sao Paulo, Brazil.
For further information Agenzia ANSA Gentiloni: '2024 will be decisive for taxes on multinationals' - News - Ansa.it 'Given the good collaboration with the Biden government' (ANSA)
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