Italian GDP growth may fall just
below 1% this year because of Brexit although the exact
consequences are still "hypothetical," the Bank of Italy said
Friday. It said growth should be "around 1%" next year. Growth
will slow in the second half of this year, the central bank
said. The UK's referendum vote to leave the EU is set to have
ripple effects in the world economy including the British
economy, international agencies have said. The Bank of Italy
said Brexit's effect will be less on Italy than on other
economies.
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