Crisis, IMF: Italy ‘slow motion’, returns to growth but weak – ANSA.it

Crisis, IMF: Italy 'slow motion', returns to growth but weak – ANSA.it

The world economy slows. And Italy proceeds in slow motion: the beautiful country found in 2015 growth, but ‘more’ weak expectations. The Italian GDP will grow ‘this year by 0.4%, or 0.5 percentage points lower than in October, and then accelerate in 2016 to 0.8% (-0.5 points). A slowdown, the Italian one, in a context of weakness in the euro, which also hamper Germany and France, while you save Spain. The United States is the only major economy that advances decided.

To take the picture and ‘the International Monetary Fund (IMF), which revises downward the world GDP, despite the drop in oil prices, These positives are outweighed by factors denied, including the weakness of investment. ” The downward revision reflects the appreciation of the prospects for China, Russia, the euro area and Japan, but also the activities ‘more’ weak major exporter of oil following the drop in oil prices die ”, says the IMF, noting that the United States is the only major economy for which the estimates were revised upwards. ” The growth more ‘weak for 2015 and 2016′ ‘highlights the’ ‘urgent need for structural reforms in different economies”, adds the IMF. ” The global economy is facing strong and complex currents and counter ” says the IMF’s chief economist, Olivier Blanchard, pointing out that the decline in oil prices has positive and negative sides, so ‘as the appreciation of the dollar although likely to weaken the American Recovery and ‘a’ ‘adjustment’ ‘positive. Italy revises growth after the contraction of GDP by 1.4% in 2013 and 0.4% in 2014. But the growth and ‘slow and Italy and’ bringing up the rear – revealed by IMF – G7 for GDP both this year and next. Braking in a context of weakness of the euro that, with its stagnation, and ‘risk – adds Blanchard – for the world economy. The Eurozone GDP will grow ‘this year by 1.2% in 2016 and 1.4% (respectively -0.2 and -0.3 percentage points compared to October). Slows even Germany, whose economy will expand ‘in 2015 by 1.3% and 1.5% the following year. ” The activity ‘of the euro should be supported by low oil prices, a further monetary easing (anticipated in the financial markets), a fiscal policy more’ neutral and the recent appreciation of the euro ”. The ECB – according Blanchard – will ‘that investors have anticipated. ” From a certain point of view, the quantitative easing ”, monetary easing, ” and ‘already’ happened. The markets have anticipated, interest rates have come down, the euro and ‘depreciated. We want to ensure that when there will be ‘an ad, will be’ the entity ‘that markets expect’ ‘.