EU: in Italy continues moderate growth

The EU Commission sees continuing in Italy a "moderate growth" but revises downward the GDP 2016: 1.4% expected in February goes down to + 1.1%. Brussels confirms, then, the estimates on Italian unemployment in 2016 (11.4%) and slightly lower than the 2017 (from 11.3% to 11.2%).

In the spring forecast, Brussels also revise downward the Italian deficit of 2016 (from 2.5% forecast in February down to 2.4%), but raised the estimates for the one of 2017 (from 1.5% to 1, 9%). The structural deficit instead, "after a marginal improvement" in 2015, "worsens by more than half a percentage point in 2016", reaching -1.7%. It remains unchanged in 2017.

As for the debt, the Commission revised its estimates for 2016: from 132.4% expected in February, the rooms now estimated at 132.7%, according to Brussels therefore remains unchanged from 2015. "After the peak of the in 2015 the debt will stabilize in 2016 and begin to fall in 2017 due to higher nominal growth and the surplus, "the Commission writes in the new economic forecasts. In 2017 down to 131.8%.