in

Italy's Econony Minister sees third-quarter GDP rebound not far off 15%: paper

Gualtieri told daily La Repubblica the fall in gross domestic product (GDP) in the second quarter, estimated by the national statistics authority ISTAT at 12.4%, was a bit less than the government had expected.

“The rebound in the third quarter will probably be slightly lower than 15% but we believe not far from that number,” he said, adding however that much would depend on how the coronavirus pandemic and the world economy developed.

Gualtieri also said the government planned to cut income tax (IRPEF) next year.


Source: Economy - investing.com

Bitcoin is Almost as Big as Bank of America

The success of the EU recovery fund will depend on bold missions