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S&P, GDP 2020 Italy -9.9%, + 6.4% 2021

2020-04-16T16:46:20.380Z


Italy's GDP will fall by 9.9% in 2020. It is the new, darker forecast by S&P Global on the effects of coronavirus on our economy. The rating agency's previous estimate assumed a 2.9% drop in GDP. (HANDLE)


(ANSA) - MILAN, APRIL 16 - Italy's GDP will fall by 9.9% in 2020. It is the darkest new forecast by S&P Globals on the effects of coronavirus on our economy. The rating agency's previous estimate assumed a 2.9% drop in GDP. Vice versa, the rebound expected in 2021 is more substantial, when our country will grow by 6.4%.
    S&P, in lowering the estimates for the Eurozone GDP to -7.3%, cut the Spanish GDP to -8.8%, the French GDP to -8%, the Great Britain to -6.5% and -6% that Germany.

Source: ansa

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