Draghi Takes Aim at Italy as Recession Scars Euro Area
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Mario Draghi says Italy can only blame itself for its third recession since 2008.
The European Central Bank president singled out his country’s lack of structural reform after data showed the euro-area’s third-biggest economy unexpectedly contracted last quarter. The comments in Draghi’s monthly press conference came a day before Italian Prime Minister Matteo Renzi won a key vote in his drive to remake the country’s political system.