The Limited Times

Now you can see non-English news...

Prometeia, Italy in recession, GDP -0.3%

2020-02-27T13:12:07.720Z

The first quarter of 2020 will record a contraction in GDP of 0.3% bringing Italy into a technical recession (two consecutive quarters of minus sign), "the fourth recession since 2009". (HANDLE)



(ANSA) - ROME, FEBRUARY 27 - The first quarter of 2020 will record a contraction in GDP of 0.3% bringing Italy into technical incecession (two consecutive quarters of minus sign), "the fourth recession since 2009". This is the "highly probable" scenario outlined by Prometeia in an updated report after the outbreak of coronavirus cases in Northern Italy, "assuming that support policies are in place for companies in difficulty and that the situation tends to normalize by mid-March". Prometeia foresees "a fall in the GDP of the analogue amount in the year average".

Source: ansa

You may like

Life/Entertain 2020-02-27T13:12:07.720Z
Business 2019-11-11T15:52:57.237Z
Life/Entertain 2020-03-27T09:51:29.761Z

Trends 24h

Life/Entertain 2020-04-02T10:34:30.346Z
Life/Entertain 2020-04-02T16:21:44.181Z
Life/Entertain 2020-04-02T17:15:50.486Z
Life/Entertain 2020-04-02T17:06:38.644Z
Life/Entertain 2020-04-02T11:18:50.653Z
Life/Entertain 2020-04-02T16:03:39.184Z

Latest

life 2020/04/03    

© Communities 2019 - Privacy