The IMF downgraded Italy’s economic outlook, Euronews reported. According to analysts, this year their GDP will grow by less than 1%, and next year by 1% only. Italy has not still overcome the consequences of the crisis in 2008, and according to IMF estimates, Italian economy will reach the pre-crisis level not earlier than in 2025. The GDP of other Eurozone countries will be 20-25% higher than the pre-crisis volume by that time. Part of the negative factors affecting the third euro zone economy is related to Brexit but the main threat, according to the fund, comes from the Italian banks.  

 

Photo: mybank.su

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