Economics
Mission Impossible Looms for Renzi’s Italian Growth Target
- Premier Renzi, euro area face setback on slower pace
- Make-or-break autumn referendum adds to government challenge
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The odds are stacked against Matteo Renzi’s economic ambitions for Italy.
The prime minister needs to see a blistering pace in the second half of this year to meet his goal of a 1.2 percent expansion in 2016. Economists say that’s not happening, spelling trouble for Renzi and the wider euro area.