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Italy Said to See Economy Growing Well Above 5% This Year

Customers sit at a terrace overlooking Duomo Cathedral in Milan, May 27.

Customers sit at a terrace overlooking Duomo Cathedral in Milan, May 27.

Photographer: Francesca Volpi/Bloomberg

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Italy’s economy could grow well above 5% this year -- faster than the latest predictions by the central bank, the OECD and European Commission -- according to two government officials.