He noted that real wages in Italy remain low compared with the country's peers, reflecting a long period of weak productivity growth.
(Reporting by Valentina Za, writing by Alvise Armellini,
editing by Gavin Jones)
ROME, March 20 (Reuters) - The Italian government should
never lose sight of budget constraints, the country's central
bank governor Ignazio Visco said on Monday.
Speaking at an event in Milan, Visco also said it was "not a
good idea" to have real, or inflation adjusted wages rise before
productivity improves.
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