Growth, Moody’s dampens the optimism of government: in 2016 GDP + 1% – The Daily

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Moody’s brake on growth and, after the “cold shower” Istat, lowers forecasts on Italy for next year: all around ‘ 1% instead of 1.4% set by the government in the Document economics and finance . A gap that did respond to the Deputy Minister for Economics, Enrico Morando, that the target of this year (+ 0.7%) and 2016 can be reached. But one of the most alarming aspects of the agency’s projections is not so much the decline in growth of the beautiful country, but rather the fact that countries with moderate growth and with obvious problems instead will grow much more than Italy. All this in the face of a weak trend throughout the ‘ Eurozone (+ 1.5%). In 2016 – says the agency – Italy’s economic growth will amount just above or around 1 percent. Moody’s also the growth of the France will be around 1 percent. As for the Spain This year is expected an increase of 3% driven by strong growth in

exports and industrial production. Even stronger growth expected in Ireland where GDP is expected to end this year with a + 4%. Black jersey would be responsible to clear Greece that would plunge into a “severe recession”. Weighing will, among other things, “capital controls” that will have an impact on consumption.

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