Italy's economic recovery will be
bigger than hitherto thought, Economy Minister Daniele Franco
said Wednesday.
The recovery will "consolidate" in the third and fourth quarter
of the year, and will likely surpass the 4.5% target the
government set in its DEF economic blueprint, he said.
But even a 5% rebound must be weighed in the context of a 9% GDP
loss due to COVID last year, said Franco.
"It is after all a rebound and we must bear that in mind," he
said.
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