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EU to cut growth estimates, Italy loses about 1.5% GDP

2022-05-14T14:55:18.226Z


The European Commission is preparing to revise the Eurozone growth estimates for 2022, with a drastic generalized cut compared to its latest GDP forecast for February, which stood at 4%. (HANDLE)


(ANSA) - BRUSSELS, MAY 14 - The European Commission is preparing to revise the growth estimates of the Eurozone for 2022, with a drastic general cut compared to its latest forecast for GDP in February, which stood at 4%.

As ANSA learns, in the new spring economic forecasts that Brussels will present on Monday, Italy should lose about a point and a half of GDP compared to the 4.1% forecast in February.


    The economic impact of the war in Ukraine is mainly weighing on the growth of the entire euro zone.


   (HANDLE).


Source: ansa

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