[HIGHLIGHTS] The EU limits Italy's GDP estimates for 2024 to 0.7%, +1.2% in 2025 - Last minute

The EU limits Italy's GDP estimates for 2024 to 0.7%, +1.2% in 2025 - Last minute. The European Commission has reduced its GDP growth forecast for Italy in 2024.

In the EU, GDP is expected to grow by 0.9% in 2024 and confirmed at + 1.7% in 1925. The large stagnation in 2023 has translated into a weak momentum at the beginning of the year, explains the European Commission. The expectation is for a gradual acceleration this year.