Moody's on Wednesday upped its
growth forecasts for Italy for 2017 and 2018. For this year and
next the ratings agency sees GDP growth of 1.3% both years,
against previous estimates of 0.8% and 1%. The growth will be
boosted "by monetary and budget policy and a stronger recovery
in the EU," it said. Moody's also upped Germany's growth
forecasts, to 2.2% and 2%, and France's, to 1.6% for both 2017
and 2018. Overall Moody's sees eurozone growth of 2.1% in 2017
and 1.9% in 2018 after last year's 1.6%.
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