Brussels

EU cuts Italy GDP forecast to 1.3% 2018, 1.1% 2019

Italy, UK last in EU

EU cuts Italy GDP forecast to 1.3% 2018, 1.1% 2019

Brussels, July 12 - The European Commission on Thursday cut its growth forecasts for Italy to 1.3% this year and 1.1% next. The EC said that Italy "will not escape the loss of impetus of the advanced economies". Britain and Italy remain last in the EU growth table, the EC said. Eurozone growth will fall to 2.1% this year and 2% next, the EC said.

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