Low EU growth rate and risk of deflation, says minister
(AGI) Rome, Dec 1 - Signs of recovery are weak and price swingsare worrying, Italy's Minister of Economy and Finance PierCarlo Padoan told a Senate gathering on the occasion of theConference of Parliamentary Committees for Union Affairs.Speaking to representatives of the 28 European Union (EU)countries, Mr Padoan said the EU was struggling to exit aprolonged period of recession, with weak but clear signs ofrecovery, and called on Europe to focus its policies on growthand employment. There is no magic wand, but a raft of budgetand structural reform policies could kick-start the