• Moody's lead analyst for Italy says agency expects to lower 2019 GDP growth forecast to between 0 and 0.5 pct from 1.3 pct

Market news

14 February 2019

Moody's lead analyst for Italy says agency expects to lower 2019 GDP growth forecast to between 0 and 0.5 pct from 1.3 pct

  • Sees significant risk of early elections, probably after European vote
  • Does not see any major factor impacting Italy's sovereign rating downward or upward over outlook period
  • Estimates country's deficit/GDP ratio at 2.5 pct in 2019 and 2020

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