Sabato, 22 Settembre 2018

'Difficult autumn ahead' says Italian labor minister


(ANSA) - Rome, August 8 - Labor Minister Elsa Fornero on
Wednesday predicted a difficult autumn for Italy's economy amid
the global crisis.
"Certainly autumn will not be easy, as yesterday's data
shows," she told Italian radio program Anch'io.
Italian GDP dropped 0.7% with respect to the first three
months of the year, national statistics agency Istat said
Tuesday, adding that preliminary estimates put GDP 2.5% lower in
the second quarter of this year than it was in the same period
of 2011.
That is the biggest fall since the third quarter of 2009,
when GDP slid 3.5% compared to the period between July and
September 2008.
"This crisis is very heavy and puts the future of Italian
industry at risk," said Fornero.

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