Italian bank chief backs Berlusconi's policies

ITALY - Antonio Fazio, the governor of the Bank of Italy, on 24 July gave strong backing to the economic policies of Silvio Berlusconi's new centre-right government, blaming the prime minister's predecessors for giving the country a low rate of economic growth.

As the government prepares to implement a new economic programme aimed at stimulating Italy's growth rate while also reducing its budget deficit, Mr Fazio told a commission of the Italian Senate that it was "certainly possible" for the new

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