S&P, from the Recovery Fund up to 6.5% of GDP for Italy

(ANSA) - MILAN, APRIL 27 - In a "high impact" scenario, the Next Generation Eu could be worth up to 6.5 additional percentage points of GDP for Italy over the next five years, a contribution that would be reduced to 1.9% in a "low impact" scenario. S&P Global estimates this in a report dedicated to the effects of the Recovery Fund on the growth of the European Union, for which it expects an overall contribution of between a maximum of 4.1% and a minimum of 1.5%. The different thrust to growth, explains S&P, is linked to the "different assumptions on the timing of disbursements, the absorption of funds and the size of the growth multipliers from public spending". (HANDLE).