The Brexit will hit the
Italian economy by between 0.5 and 1.0 of a percentage point of
GDP in the 2016-2017 period, according to the revised version of
the government's economic blueprint, the Economic and Financial
Document (DEF).
It said Britain's exit from the European Union could hit
the Italian economy in four main ways - by affecting the
financial markets and Italian exports amid causing uncertainty
the length and outcome of the negotiations; by unsettling
companies investment decisions and expectations; by slowing
consumer spending and by hitting the euro's exchange rate and
Italy's borrowing costs.
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