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IMF revises Italy growth upwards, 1.5%

News & Data JIACC

The International Monetary Fund (IMF) on Tuesday revised upwards its 2018 growth forecast for Italy, from 1.4% to 1.5%, following 1.5% last year. Growth for 2019 remains confirmed at 1.1%

Source: ANSA – Despite the hike Italy will remain last in the eurozone for growth this year, with Germany up 2.5%, France 2.1% and Spain 2.8%. Greece’s GDP will rise 2.0%. Political uncertainty increases the risks of implementing reforms in Brazil, Colombia, Italy and Mexico, the IMF said. Italy and Spain must cut their high public debt, the Fund said. Italians unemployment will fall but remain above 10%

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