The European Tribune is a forum for thoughtful dialogue of European and international issues. You are invited to post comments and your own articles.
Please REGISTER to post.
Italy's economy has shown signs of a recovery, with stronger consumer spending pulling it out of recession. Gross domestic product (GDP) grew by 0.7% in the three months to the end of June from the previous quarter, statistical office Istat said. The economy contracted in the previous two quarters and the government was under pressure to turn things around. Analysts said that record oil prices were likely to hamper any further growth in the second half of the year. "For now Italy is out of recession," said Silvia Pepino, an analyst at JP Morgan. "But there are risks from the recent oil price."
Gross domestic product (GDP) grew by 0.7% in the three months to the end of June from the previous quarter, statistical office Istat said.
The economy contracted in the previous two quarters and the government was under pressure to turn things around.
Analysts said that record oil prices were likely to hamper any further growth in the second half of the year.
"For now Italy is out of recession," said Silvia Pepino, an analyst at JP Morgan. "But there are risks from the recent oil price."
by Frank Schnittger - May 31
by Oui - May 30 25 comments
by Frank Schnittger - May 23 3 comments
by Frank Schnittger - May 27 3 comments
by Frank Schnittger - May 5 22 comments
by Oui - May 13 66 comments
by Oui - Jun 217 comments
by Oui - Jun 17 comments
by Oui - May 3135 comments
by Oui - May 3025 comments
by Frank Schnittger - May 273 comments
by Oui - May 2733 comments
by Oui - May 24
by Frank Schnittger - May 233 comments
by Oui - May 1366 comments
by Oui - May 913 comments
by Frank Schnittger - May 522 comments
by Oui - May 450 comments
by Oui - May 312 comments
by Oui - Apr 30273 comments
by Oui - Apr 2652 comments
by Oui - Apr 895 comments
by Oui - Mar 19144 comments