Confindustria says economic growth in 2015, 2016

Business group warns corruption remains 'major drag' on economy

(ANSA) - Rome, December 17 - Italy's economy should grow by 0.5% in 2015 and 1.1% in 2016, the country's largest employers group Confindustria said Wednesday. This year will close with a GDP loss of 0.5%, it said in a report that promises gradual economic recovery. It added that corruption remains "a major drag" on the economy and a weight on society. In a report, Confindstria said its forecasts are based on improvements it sees in the global economic scenario, adding that "uncertainty remains the main obstacle" for many business plans.


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