ECB’s Visco: Absolute necessity to improve Italian growth potential

In an interview with CNBC, European Central Bank (ECB) Governing Council member and Bank of Italy Head Ignazio Visco said that it was an ‘absolute necessity’ to improve Italy’s growth potential.  

Earlier in the day, Visco said that the increase in the 2019 Italian debt-to-GDP ration could exceed the forecast reported in the government’s budget.