Italy GDP -11.6% this yr -Goldman Sachs (2)

Italian economy will rebound 7.9% next yr says merchant bank

(ANSA) - Milan, April 8 - Goldman Sachs said Wednesday Italy's GDP will fall 11.6% this year due to the coronavirus crisis.
    Italian growth will return to +7.9% next year, the merchant bank said.
    European GDP will fall 9% this year and rebound 7.8% next, it said.
    France's forecasts are -7.4% and +6.4%, Germany's -89% and +8.5%, and Spain's -9.7% in 2020 and +8.5% in 2021.
   

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