Bank of Italy says government’s 2020 growth forecast ‘reasonable’

Bank of Italy says government’s 2020 growth forecast ‘reasonable’

© Reuters. Bank of Italy says government’s 2020 growth forecast ‘reasonable’

ROME (Reuters) – The Italian government’s 0.6% growth forecast for 2020 is “reasonable” while the target of 1% set for 2021 is reachable, the Bank of Italy’s deputy governor said on Tuesday.

Rome should seize the opportunity offered by low interest rates to start lowering Italy’s debt-to-GDP ratio, Luigi Federico Signorini said during a parliamentary hearing on the 2020 budget.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

Source : Reuters Link

Follow 3-www.NET

Category Latest Posts