33519
Renzi: Italy Growth to Double
World Economy

Renzi: Italy Growth to Double

Premier Matteo Renzi was quoted saying Monday that Italy is ‘out of the bog’ of recession and predicted the rate of growth of Italian GDP will double in 2016 from 0.8% in 2015, ANSA reported. “Italy has restarted, we are out of the quagmire of 2013,” he said in an interview with La Stampa newspaper in which he commented on Eurostat data. “After years of grime, the climate decidedly has changed,” Renzi said in the front page interview with the Turin daily. “I say ‘are we joking?’ We had three years of recession unknown in other countries. Think about our GDP–minus 2.3% with (Premier Mario) Monti, minus 1.9% with (Premier Enrico) Letta and with me minus 0.4% last year”. “In 2015, we grew by 0.8%. In 2016 we will do double”.  Italy’s manufacturing PMI rose to 55.6 from 54.9 in November, the highest since 2011.

Short URL : http://goo.gl/ZKq9Ec
  1. http://goo.gl/BQS8Pa
  • http://goo.gl/25fpQg

You can also read ...

Business confidence fell to its lowest level since August 2013 and around 7% of companies expected a contraction.
According to data from the International Monetary Fund in...
China Warned of Ballooning SOEs
Former chief of the World Bank Robert Zoellick cautioned China...
Shrinking unemployment in the US, Japan and the eurozone finally forces companies  to lift wages to retain and attract staff.
Workers in the world's richest countries are getting their...
Saudi Sovereign Fund Secures $11 Billion Loan
Saudi Arabia's sovereign wealth fund said Monday it had...
New Zealand Q2 GDP Growth Picking Up
New Zealand’s economic growth is expected to have accelerated...
Lira Eases Against Dollar
Turkey’s lira weakened against the dollar on Monday as...
By 2025 more than half of all current workplace tasks  will be performed by machines.
Robots will handle 52% of current work tasks by 2025, almost...
Myanmar Businesses Want Lower Taxes
Myanmar businesses are urging the government to lower the...

Trending

Googleplus