Fixing Italy's Ailing Economy Won't Be Easy | WAMU 88.5 - American University Radio
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Fixing Italy's Ailing Economy Won't Be Easy

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Italy's new prime minister, Mario Monti, said Friday that he'll meet with other European leaders next week to lay out his plans for reforming Italy's economy. Investors have been growing more concerned about Italy's ability to pay off its debts — and that's driven the cost of borrowing higher. But Italy's problems won't be easy to fix. The country has seen its growth rate slow to a crawl in recent decades, and unemployment — especially among the young — has risen. Jim Zarroli
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