The coronavirus epidemic is set
to have a big effect on the Italian economy and will probably
push it into recession this year, Nomura said in a report.
"Considering the low growth rate that Italy started this year
with, we expect the country to go into recession in 2020, with
GDP down 0.1% on the previous year (well below the 0.6% rise
forecast by the government)," the finance group said.
It said Italy's GDP could drop 0.9% this year in the
worst-case scenario.
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