reforms

The implementation of Italy's reform and austerity package to balance the country's budget by 2013 is important not only for Italy, but for the euro zone as a whole, European Council President Herman Van Rompuy said. more...

High labor taxes and low visibility on economic growth and business climate are just some of the reasons that are keeping Italian businesses from offering jobs, especially long term contracts. more...

Progress on the Greek government's structural reform program has been "impressive" and could succeed in reducing the country's debt to GDP (gross domestic product) ratio to sustainable levels, the Organization for Economic Cooperation and Development (OECD) said Tuesday. more...