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Bank of Italy sees recovery before end of year

'First favourable signals have emerged,' says central bank

16 October, 15:19
Bank of Italy sees recovery before end of year (ANSA) - Rome, October 16 - The Bank of Italy said Wednesday that it can see the possibility of a "reversal of the trend" for the recession-ravaged Italian economy "by the end of the year".

The central bank added in a report that "the first favourable signs" of recovery have emerged in recent months.

Italy is currently enduring its longest recession in over two decades.

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