IMF: Italy reduces debt, government facing a difficult challenge

2019-10-15T14:16:29.553Z

"The slowdown in Europe has been felt particularly in Italy and in Germany". This was stated by Poul Thomsen, director of the European Department of the International Monetary Fund, answering journalists' questions. "This slowdown we have seen so far - he adds - puts the legislators in front of a really difficult, very critical challenge. We need a gradual consolidation of the budget, especially in the medium term". "We have strong reservations about some tax reform proposals that we have seen around," Thomsen said, without however, specifically commenting on the flat tax. "What Italy needs at the moment - he explained - is to adopt credible measures. If those adopted by the government will be, we believe that they will not have a negative impact on growth". "But it is necessary not to step back on structural reforms," ​​he concluded.