Fitch on Wednesday cut its
Italian growth forecasts for 2018 from 1.2% to 1% and for 2019
from 1.2% to 1.1%.
This was due, the ratings agency said, to "domestic political
uncertainty" and "fears for global trade".
In its Global Economic Outlook, Fitch voiced doubts that
fiscal easing could boost growth next year both because of the
"uncertainties on the details of implementation" and "the
probable low multiplicatory impacts of some measures".
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