EU Gentiloni: Italy losing 3% GDP for each month of lockdown

<p>EU&#8217;s Commissioner for Economy Paolo Gentiloni warned that each month of lockdown in Italy would cause a -3% annualized GDP decline. But for now, there is no discussion on an Italian bailout. Confirmed coronavirus cases in Italy surged pass 110k this week while death tolls broke 13k. There is tentative signs of slowing after rigorous [&#8230;]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/live-comments/284696-eu-gentiloni-italy-losing-3-gdp-for-each-month-of-lockdown/">EU Gentiloni: Italy losing 3% GDP for each month of lockdown</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>