Economics
EU Expected to Slash Italy Growth Estimate in Blow to Coalition
- European Commission will issue new forecasts later in the day
- Italy’s poverty rates elevated, public debt ‘very high’: IMF
This article is for subscribers only.
The European Commission is expected to slash the Italian economic growth estimate for this year when it releases new forecasts later Thursday, major newspapers including Il Messaggero and la Repubblica reported.
The forecasts will follow separate IMF criticism the day before that the Italian government is falling short on needed reforms.