Italy likely to face recession if Iran war lasts til end 2026 - Confindustria head
(Il Sole 24 Ore Radiocor) - Milano, 22 apr - Italy's economy will likely enter a recession should the war in Iran last until the end of the year, said Emanuele Orsini, president of the Italian business association Confindustria.
'If the war had ended quickly, we'd be at 0.5% of GDP growth; if we keep going like this for another three months, we'll be at zero; if we make it to the end of the year, the risk of a recession is almost certain," commented Orsini on the.
sidelines of an event in Milan.
(RADIOCOR) 22-04-26 10:43:22 (0267) 5 NNNN