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Concerning Growth – Marcello Messori – Formiche

It is doubtful that Italy’s economy in 2019 will be stimulated by the renewal of private investments and a systematic increase in the competitivity of a system based on innovative leaps. It is also improbable that this year and in the following years Italian banks will play a determining role in the support of the real economy. On the contrary, they will likely be inclined to increase interest rates on loans and practice restrictive credit policies with the purpose of not exceeding their budgets.

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