Italian growth risks going flat
due to political risks in Europe that are capable of triggering
a "financial shock", Fitch said on Tuesday. "The impact is
similar to previous simulations of financial shock during the
peak of the eurozone crisis in 2012," the ratings agency said in
a statement. It said that, in the worst-case scenario, this
would mean eurozone growth of under 1% in 2017 and a 0% rise in
Italy's GDP.
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