The European Commission estimates that in 2023 the Italian GDP will increase by 0.8%, while in 2024 the growth will be 1%.   revising upwards the forecasts it had released in November (+0.3% in 2023, +1.1% in 2024)   .

This was stated by the European Commissioner for the Economy Paolo Gentiloni during the press conference organized in Brussels on the state of the EU economy.

Numbers that make our country go back on track at least for this year , when it will not be in last position for growth in gross domestic product: Germany, for example, will see a 0.2% increase in GDP, while France 0.6%.

In the Eurozone no country will be in recession, only Sweden in the Union, with -0.8%.

Next year, however, according to the new EU estimates, the situation will change and Italy will return to the rear. The +1% GDP growth could be the lowest in the entire EU: Germany should in fact grow by 1.3%, France by 1.4%, Spain by 2%.

As far as forecasts for the entire Eurozone are concerned, GDP should increase by 0.9% this year and   by 1.5%   in 2024.

For Italy, the inflation rate forecast for this year is 6.1% , while for next year it is estimated that it will be 2.6% against the previous forecast which indicated respectively 6.6% and 2.3 %. In the EU, on the other hand, it is estimated that it will be +5.6% this year and +2.5% next year.

"In the framework of investment incentives, the priority for some countries, including Italy, is called Pnrr", the national recovery plan, added Gentiloni, who assured that in the framework of the reform of the stability pact, " the Italian contribution is important and fundamental”, but the green and digital transitions must be achieved.

Finally, the commissioner returned to talking about the energy crisis, one of the main obstacles to economic recovery, arguing: "It's true, we could have energy difficulties next winter, but we have shown that we know how to be ready".