ECB bulletin says institutional reform important for increasing resilience
Finland’s institutions among OECD’s best, but Italy and Greece ‘close to worst’
Some eurozone countries should reform their governing institutions to increase their economic resilience and growth prospects, the European Central Bank (ECB) has said. The ECB presented data on the strength of eurozone countries' institutions in a chapter of its forthcoming Economic Bulletin, released ahead of the main report.
"Almost all euro area countries have weaker institutions" than the strongest countries in the Organisation for Economic Co-operation and Development (OECD), the ECB said
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