Economics

Italy’s Economy to Rebound Faster Than Expected, Gualtieri Says

  • Output to expand more than 9.5% forecast earlier this year
  • Italy to set ‘significant’ long-term target for reducing debt
Watch: Italy's Finance Minister Roberto Gualtieri says the country's economy will rebound more powerfully than expected in the third quarter.(Source: Bloomberg)
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Italy’s economy will rebound more powerfully than expected in the third quarter after suffering one of Europe’s toughest lockdowns, Finance Minister Roberto Gualtieri said.