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Briefing

Italy: Economic Profile

Critical Issues

Background:

Italy is one of the most export-dependent economies in Europe, with Germany and France as its main trading partners. In part this has caused Italy to be one of only country forecast by the IMF to be facing three consecutive years of contraction. However, recent GDP data points to a recovery beginning in late 2009.

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Associated Readings

Analysis IMF Jul 08, 2009 World Economic Outlook Update: Contractionary Forces Receding But Weak Recovery Ahead Analysis BNP Jun 25, 2009 Italy: Confidence improved in June News Bank of Italy Mario Draghi Jun 09, 2009 Overview of economic and financial developments in Italy in Q1 2009 Analysis BNP Paribas Giovanni Ajassa and Paolo Ciocca Jun 02, 2009 Italy: Slender green shoots ahead of a cold summer (p32) Blogs A Fistful of Euros Edward Hugh May 15, 2009 Italian GDP Falls An Annualised 9.6% In The First Three Months Of 2009 Analysis OECD May 11, 2009 Composite Leading Indicators continue to indicate strong slowdown in the OECD area but the pace of the deterioration is easing Analysis European Commission May 04, 2009 Spring forecasts 2009-2010: A tough 2009, but EU economy set to stabilise Analysis IMF Apr 16, 2009 World Economic Outlook (WEO) - Crisis and Recovery Analysis Bank of Italy Apr 10, 2009 Italy: Economic Bulletin, April 2009 Analysis UniCredit Weekly Magazine Mar 09, 2009 Italy's economic prospects Blogs Global Economy Matters Edward Hugh Jan 16, 2009 Italy Slips Slowly But Steadily Into Its Worst Recession In Over 30 Years