GFI GOLD will be closed on Friday 29 March

06/12/2018

Will Italy go into recession?

Analysts and economists believe that Italy will not escape an economic recession.

Will Italy go into recession?

Economists believe that Italy is getting closer to the economic recession. It only misses a second quarter in decline for its economy to go down. This situation, of course, weighs on the economic growth of the euro zone.

The latest economic news from Italy is not encouraging. The evolution of the unemployment rate, investor confidence, manufacturing activity ... shows that the economy of the country has slowed dramatically in the third quarter.

According to some analysts, Italy is starting pay to the price of a radical government. But it insists that the country bad figures are due to the austerity policy of the former government. They maintain that their own measures will improve the country situation. As a reminder, the Italian government has to present its new budget to the European Union and it should be less optimistic than the previous one that was rejected by the EU.

The bad shape of the Italian economy naturally weighs on the European economic activity. The latter was already showing signs of slowing down due to the trade war between the US and China.

News See all
Here you will find important information on economic and financial news as well as information that may have an impact on your investments in gold or foreign currencies
The calm before the storm?
2024-02-29

The calm before the storm?

The yellow metal has shown very low volatility over the last four months. It is holding up near all-time highs despite high interest...
Gold in 2023: What's the outlook for 2024?
2024-01-29

Gold in 2023: What's the outlook for 2024?

The yellow metal posted a performance in euros of 9.9% over 2023 despite ECB interest rate levels not seen since 2001.
L'avenir: Gold prices hit record highs
2023-12-07

L'avenir: Gold prices hit record highs

The price of the yellow metal has risen sharply in recent weeks. Among the causes? The war in the Middle East.
We are currently closed from Friday to Monday included.
Download our guide

Download our guide

Do you want to invest in gold?
Do you have some knowledge but want to learn more?

This guide will answer your questions!