GDP +4.3% in 2021, +3.7% 2022 with Recovery Fund – UPB

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(ANSA) – ROME, FEB 4 – Italy’s GDP will rise 4.3% in 2021 and
3.7% in 2022 thanks largely to investments from the EU’s
Recovery Fund, the parliamentary budget office (UPB) said
Thursday.
    ISTAT said Tuesday that Italy’s GDP
fell by 8.8% in 2020 with respect to the previous year.
    The UPB said Thursday that GDP in 2022 will however be lower
than it was in 2019.
    It said risk factors remained. (ANSA).
   

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