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GDP to fall 10% in 1st 1/2-Confindustria (2)

Risk of depression says business group

Redazione Ansa

(ANSA) - Rome, March 31 - The coronavirus will cause a "huge loss" in GDP in Italy in the first half of the year and growth will fall to -10% over the first two quarters of 2019, Confindustria's study centre said Tuesday.
    The business group said the Italian economy had been "hit in the heart" by the virus and there was the risk of a depression.
   

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