Moody's ups Italy growth forecasts (2)

To 1.3% for 2017 and 2018

(ANSA) - Rome, August 30 - 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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