But as I said it’s always a matter of implementation. What is your early assessment of the reforms, including the labour market reform, in Italy? The so-called Jobs Act can be a very important building block in a bold reform agenda.
In Spain a similar step was taken three years ago, and it was a key factor pushing the Spanish economy to generally outperform the rest of the euro area in 2014. As we have seen in Spain, the Jobs Act reform can make Italy a more attractive location for doing business.