'Stagflation' Is the Greatest Threat to Europe's Recovery, Warns Ex-Italian PM Monti - NewsBreak

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By Merima in Business
Updated 3 years ago

Monti said the "huge mass" of accommodative monetary policy by central banks and fiscal stimulus from governments "may well fire more inflation." At the same time, Monti said there were "a number of constraints on the flexibility of production" to increase. Former Italian Prime Minister Mario Monti told CNBC Saturday...

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