Tuesday, August 18, 2015

Moody’s cuts estimates on world GDP. Italy just above 1% in 2016 – The Messenger

World economic growth in the next two years will be weaker than expected due to a slowdown in China, the prospect of higher interest rates in the United States and the constant threat of a Greek exit from the euro. And ‘what emerges from the quarterly report, Moody’s has estimated that for the Eurozone increased by 1.5% this year and in 2016 while it will be “robust” in the United Kingdom (2.7% in 2015 to +2, 4% in 2016).

Italy, in 2016, will grow just over 1% as well as in France. This year, however, Moody’s estimates for Italy and France growth of 1% or below this threshold. The growth rates of Italy and France, says the agency “will not be enough to bring down unemployment significantly.”

For the G20 countries the American agency estimates a slowdown to 2.7 % this year against 2.9% in 2014.

As for the US economy should grow by 2.4% in 2015 before rising to 2.8% in 2016.

In the report, Moody’s cut its growth forecast of India while providing an improvement in the coming year.

 18 August 2015 10:54 – Last Updated: 17:59

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