The International Monetary Fund
on Monday cut its growth forecasts for Italy for this year and
next.
After last year's 1.5% rise, GDP will rise this year by only
1.2%, three percentage points less than in its April forecasts,
the IMF said.
Next year growth will be 1.0%, 0.1% down on April.
The revision is linked to "wider spreads on State bonds and
tighter financial conditions in the wake of the greater
political uncertainty, which are likely to make themselves felt
on domestic demand," the IMF said.
ALL RIGHTS RESERVED © Copyright ANSA
