Commission puts Italy under strict surveillance

The European Commission presented, on 5 March, the results of the in-depth reviews conducted in 17 member states, which were singled out in last November's 'Alert mechanism report' (AMR) as suffering imbalances The report is available at ec.europa.eu/economy_finance/economic_governance/macroeconomic_imbalance_procedure/index_en.htm . The conclusion is that progress has been made, but this improvement has been uneven across the states, with further efforts required in some cases.

?Recovery is gaining ground,? Economic Affairs Commissioner Olli Rehn told reporters. He said that recovery is more…