The European Commission on
Thursday cut its growth forecasts for Italy to 1.3% this year
and 1.1% next.
This was down from 1.5% and 1."% in May.
The EC said that Italy "will not escape the loss of impetus
of the advanced economies".
Britain and Italy remain last in the EU growth table, the EC
said.
It said that Italian inflation would remain around 4%.
Eurozone growth will fall to 2.1% this year and 2% next, the
EC said.
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