OECD cuts Italy growth forecast

OECD cuts Italy growth forecast

Business 21 March 2025 09:33

The OECD said that it has cut its growth forecasts for Italy's GDP in 2025 and 2026 to 0.7% and 0.9% respectively.

Those growth projections were cut respectively by 0.2 and 0.3 points compared to previous estimates released in December, CE Report quotes ANSA.

The estimates were published as part of the agency's latest Interim Economic Outlook.

Tags

Related articles

Bulgaria Raises 2025 Growth Forecast

30 April 23:30

Bulgaria's economy is expected to grow by 3% in 2025, with average annual inflation rising to 3.6%, according to the Finance Ministry’s spring macroeconomic forecast.

Unemployment Drops to 9.0% in March 2025

30 April 22:00

Greece's seasonally adjusted unemployment rate decreased to 9.0% in March 2025, down from 10.8% in the same month last year, according to the Hellenic Statistical Authority (ELSTAT).

Cash Withdrawals in Shops for Rural Moldova

30 April 20:30

Residents of rural areas in Moldova will soon be able to withdraw cash directly from their bank cards in local shops, eliminating the need to find an ATM.

Bulgaria Secures €4B from Eurobond Sale

29 April 23:00

On April 28, Bulgaria's Ministry of Finance successfully issued a dual-tranche Eurobond worth €4 billion on international markets.

Poverty Rises in Germany

29 April 22:35

Germany’s poverty rate has risen sharply, with 13 million people—about one in six residents—now living below the poverty line, according to a report by the German Parity Welfare Association.

Bulgaria Targets French Tourists

28 April 23:55

Tourism Minister Miroslav Borshosh met with French Ambassador to Bulgaria Joel Meyer to discuss boosting tourism ties between the two countries, the Ministry's press centre reported Monday.

Most read

Press Releases

Features