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Monti expects to see Italy recovery signs within months

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Italy's PM Monti attends a news conference at the end of the second session of a two-day EU leaders summit in BrusselsCERNOBBIO, Italy (Reuters) - Prime Minister Mario Monti said on Saturday he expected it would be only 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. ...



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