Italy's industrial output down 25 pct since crisis began

(AGI) Brussels, Sept 11 - According to a European Commissionreport on Europe's industrial competitiveness, Italy'sindustrial output is about 25 percent lower compared with 2007,just before the economic crisis began. The study, published onWednesday, reports that "It is a general drop, which alsoinvolved the automobile, footwear and electric householdssectors, which had long been the driving forces of the Italianindustry". That's why, according to EU experts, despite someprogress being made, "a constant and overarching effort isneeded to create a competitive entrepreneurial context". . .

(AGI) Brussels, Sept 11 - According to a European Commissionreport on Europe's industrial competitiveness, Italy'sindustrial output is about 25 percent lower compared with 2007,just before the economic crisis began. The study, published onWednesday, reports that "It is a general drop, which alsoinvolved the automobile, footwear and electric householdssectors, which had long been the driving forces of the Italianindustry". That's why, according to EU experts, despite someprogress being made, "a constant and overarching effort isneeded to create a competitive entrepreneurial context". . .