(ANSA) – ROME, MAY 30 – Real wages in Italy are below the level of 2000 despite a recovery registered last year, Bank of Italy Governor Fabio Panetta said on Friday in his ‘Concluding Remarks’ as he presented the central bank’s Annual Report for 2025.
He linked this to the “the central problem” of productivity”.
He said improvements registered on this front “are encouraging, but not enough to sustain the country’s development.
“In order to guarantee a lasting increase in wages, it is essential to relaunch productivity and growth through innovation, capital accumulation and incisive public action,” he added. (ANSA).
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He linked this to the “the central problem” of productivity”.
He said improvements registered on this front “are encouraging, but not enough to sustain the country’s development.
“In order to guarantee a lasting increase in wages, it is essential to relaunch productivity and growth through innovation, capital accumulation and incisive public action,” he added. (ANSA).
Read article…
