This Survey is published on the responsibility of the Economic and Development Review Committee of the OECD, which is charged with the examination of the economic situation of member countries.The economic situation and policies of Italy were reviewed by the Committee on 17 January 2013. The draft report was then revised in the light of the discussions and given final approval as the agreed report of the whole Committee on 01 February 2013.The Secretariat’s draft report was prepared for the Committee by Paul O’Brien and Oliver Denk, under the supervision of Patrick Lenain. Statistical assistance was provided by Josette Rabesona.The previous Survey of Italy was issued in May 2011.