Tag Archives: Italian growth

With the country in recession, we remain cautious on Italian sovereign debt. But growing tensions inside the government could have a silver lining.The main leading indicators are pointing towards the recession continuing in Q1 2019 in Italy. We expect growth to move marginally back into the black in Q2 2019, with the Italian economy growing by 0.3% in 2019 overall. Even though we have ruled out a snap 2019 election from our central scenario, the chances of one being called are significant...

Stagnant growth and banks’ festering non-performing loan problems cast a pall over Italy’s prospects ahead of a referendum that could determine the fate of the prime minister Flat real GDP growth in Italy in the second quarter was below consensus expectations of 0.2% (quarter over quarter) and brought to an end five consecutive quarters of improving expansion. Overall, the outlook for Italy remains challenging. Assuming a pick-up in quarterly growth to 0.2% (the average since Q1 2015), the...