Jan. 25 (Bloomberg) -- Billionaire investor George Soros said Italy is “doing really quite well” in implementing fiscal reforms.
“There is a big difference between Greece and Italy,” Soros told reporters in Davos, Switzerland today. “In Greece, politicians are in the government, they are preparing for election. In Italy, you have a technocratic government.”
“There need to be some benefits for Italy and that would strengthen” the government of Prime Minister Mario Monti, he said. “As Mario Monti has stated there needs to be some reward.”
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