September 25, 2024
Finalmente, l’Italia! | Global Macro Monitor #ItalyFinance

Finalmente, l’Italia! | Global Macro Monitor #ItalyFinance

CashNews.co

Italy’s economy was finally back to its pre-financial crisis peak. Getting back to where it started has taken over a decade longer than most other advanced economies, but let’s not be fussy about the details for now…

Canada and the US reached their 2007 output levels in already in 2010 and last year output volumes in the US were one-third larger than then. Germany and France reached that milestone in 2011 and their economies are now about 15 per cent larger than in 2007. The UK economy was larger than in 2007 a decade ago and it is now up 18 per cent from that level. – FT

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