Market news
07.05.2019, 11:57

EU Commission lowers Italy's 2019 growth forecast to 0.1 percent from 0.2 percent previously estimated

  • It represents the lowest growth rate in the EU
  • Italy's employment and investment to decrease this year
  • Italy's public debt set to rise to 133.7 percent Of GDP this year (from 132.2 percent) and to further expand to 135.2 percent Of GDP in 2020
  • Italy's public deficit set to rise to 2.5 percent Of GDP this year and to increase to 3.5 percent in 2020 unless policies change

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