Rome

GDP will recover at year's end says Zanonato

'Very likely in Q3' says industry minister

GDP will recover at year's end says Zanonato

Rome, August 19 - Italian GDP will recover after its longest post-war recession at the turn of 2014, Industry Minister Flavio Zanonato said Monday. "It is certain that GDP will take off again at the end of the year. Very likely in the third quarter but certainly at the start of 2014 we'll have a growth start," he said. Italy's GDP notched its eighth straight drop in the second quarter of 2013 but at 0.2% it was lower than expected and fed hopes the trend was bottoming out.

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