UPDATE 1-Fazio says public works needed for 2003 GDP target


(Adds background and wraps in Fazio's euro and Fiat comments) ROME, Oct 31 (Reuters) - Central Bank Governor Antonio Fazio said on Thursday Italy's economy could only grow over two percent in 2003 if big public works were launched to help boost gross domestic product (GDP). Speaking at a conference, Fazio said: "Recovery of productivity is within our grasp. An...increase of more than two percent during the course of 2003 will be conditional on the effective launch on a large scale of pulic ...

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