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Italy started growing in Q4, says economy minister

EU, Bank of Italy estimates lower

23 January, 20:01
Italy started growing in Q4, says economy minister (ANSA) - Davos, January 23 - Italian Economy Minister Fabrizio Saccomanni said the eurozone's third-largest economy was starting to show signs of recovering from a two-year recession, its longest since World War Two. "We have strong indications that in the fourth quarter of the year the Italian economy started growing again," Saccomanni said at the World Economic Forum in Davos, Switzerland. "I know that the forecasts of the European Union and of the Bank of Italy are lower than this, but this is because their models don't take into account certain factors, such as those relating to the reimbursement of State debts to companies".

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