• Most economists would agree that Italy needs faster economic growth if it is to resolve its public debt  and banking-sector problems in an orderly manner.

    Italy’s economy is growing again, but it’s still the worst performer in the euro region, souring voters’ spirits before the March 4 election.
    With polls before the two-week blackout showing no overall winner, the parties are honing their pitches on the economy, Bloomberg reported.
    Former prime minister Silvio Berlusconi promises his tax-cutting plans will drive faster growth. The anti-establishment Five Star Movement guarantees a “citizen’s income” for the most disadvantaged.
    The ruling Democratic Party points to the steady recovery from the country’s worst recession since World War II. Yet it’s hampered by unemployment stuck at almost 11%.

World Economy