- Italy data turning positive
- We are at the turning point of the business cycle
- Q4 2013 will turn positive (forecasts are for -0.75% Q4 GDP)
- Making progress on public debt
- Says he’s not a formal road show for investors
- Doesn’t see major factors of instability in Italy
- Europe has had constructive dialogue with Yellen
Italy was also on the right side of manufacturing data this morning but the recovery in Europe is still very much lethargic in nature and most of the politicians keep telling us that it’s better than it actually is.
Fabrizio Saccomanni speaking on Bloomberg tv
