Standard & Poor's has again
cut its growth forecasts for Italy, according to updated figures
in a report entitled Euro Weakness Is Not Over Yet.
It said Italy's GDP is set to rise 1.1% this year and next,
compared to its previous forecasts of 1.3% for 2018 and 1.2% for
2019.
The rating agency had already cut its forecasts in July,
citing the domestic political situation and uncertainty about
whether the government wants to continue on a path of fiscal
consolidation.
ALL RIGHTS RESERVED © Copyright ANSA
