Italy's parliamentary budget office
said on Tuesday that the official government forecast for the
economy to grow by 1.2% in 2016 did not look achievable
following Britain's vote to leave the European Union.
The independent body, which is responsible for analysing
official government forecasts, said assuming a fourth quarter of
contained growth, the 2016 growth rate would likely be "slightly
under 1%".
It also said it now expected a "less dynamic recovery" in
2017 compared to previous estimates.
ALL RIGHTS RESERVED © Copyright ANSA