GDP to drop to 2000 level - Conte

(ANSA) - Rome, June 4 - The coronavirus crisis will push Italian GDP back down to 2000 levels and so we "all have a duty to make a choral effort, all together, to recoup the lost 20 years together," Premier Giuseppe Conte said at the webinar EY Digital Talk event "Italia Riparte" (Italy Restarts) on Thursday.
    He said a "drastic" cut in red tape was required to help the post-virus-crisis recovery. Conte said "we don't yet know the full scope of the crisis" and called for an "organic" reform to achieve a "fair and efficient tax system".
    The premier said he would call an estates general of social partners to help forge a recovery plan.