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S&P, Italy's GDP at + 5.3% in 2021, debt can stabilize

2021-02-22T16:07:56.951Z


"We expect Italy's economic growth to pick up to 5.3% in 2021, based on a normalization of the health situation and the maintenance of fiscal and monetary stimulus". (HANDLE)


(ANSA) - ROME, FEBRUARY 22 - "We foresee a resumption of Italy's economic growth to 5.3% in 2021, based on a normalization of the health situation and the maintenance of budgetary and monetary stimulus".

Standard & Poor's writes it in a report on Italy, according to which an effective use of the Next Generation Eu by the Government "could give a strong boost to public investments", which remained about 30% lower than the previous levels of the great financial crisis of a decade does.

S&P expects a defect / GDP close to 8% this year, but also writes that "the potential recovery in GDP means the debt / GDP ratio could stabilize this year".


    Standard & Poor's also argues that the "ambitious" reform agenda of the Draghi government does not have an immediate impact on Italy's rating ". (ANSA).


Source: ansa

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