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Stop energy hikes halting recovery says Franco

GDP seen above 4% in 2021 but energy prices pose risks

(ANSA) - ROME, JAN 27 - The government has already spent some 5.5 billion euros to contain energy costs and other measures may be taken to stop energy hikes halting Italy's economic recovery in its tracks, Economy Minister Daniele Franco said Thursday.
    Framco said GDP growth last year should come out at around 6.5% and consensus forecasts this year see the economy growing by over 4%.
    But he said the economic recovery was conditioned by the continuation of the COVID pandemic, international tensions and above all by higher energy costs. (ANSA).


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