(ANSA) - Rome, December 5 - The government must act given the
risk of a recession, European Affairs Minister Paolo Savona said
Wednesday.
Italy "cannot wait for" the slow transition that will lead to
a new European Parliament, a new European Commission and a new
European Central Bank in 2019, he said, "because (Italy) must
face the risks of a recession".
Therefore, he said, "it is our duty to act".
Savona stressed the "undoubted capacity of the European
organisation to create financial and monetary stability but not
to create development".
Italy risks recession, must act - Savona
EU able to create financial stability, not development