Monti expects to see Italy recovery signs within months

From reuters.com

Prime Minister Mario Monti said on Saturday he expected it would only be a few more months before signs of recovery start to emerge in the recession-hit Italian economy. Addressing an agriculture conference in northern Italy, Monti spoke of "a few months, just a few months I hope that we have left before we start seeing clear signs of recovery." Italy has been in a recession since the middle of last year, weighed down by austerity measures passed by Monti's government to cut the country's massive debt, including tax hikes, spending cuts and a pension overhaul. Unemployment has risen to its highest since monthly ... (full story)