Bank of Italy cuts 2014 GDP forecast to plus 0. 2 percent

(AGI) Rome, July 18 - The Italian central bank stated in itsbulletin that economic growth in Italy is "struggling to getunderway" and predicted that the GDP would only grow by 0.2percent in 2014, and there are "risks of a decline". Theforecast is well below the 0.8 percent increase estimated bythe Italian government and the 0.7 percent the bank hadpredicted in January. The revised estimate is tied to the GDP'sdisappointing 0.1 percent drop in the first quarter andpredictions that GDP may have ground to a halt during thesecond quarter. . .

(AGI) Rome, July 18 - The Italian central bank stated in itsbulletin that economic growth in Italy is "struggling to getunderway" and predicted that the GDP would only grow by 0.2percent in 2014, and there are "risks of a decline". Theforecast is well below the 0.8 percent increase estimated bythe Italian government and the 0.7 percent the bank hadpredicted in January. The revised estimate is tied to the GDP'sdisappointing 0.1 percent drop in the first quarter andpredictions that GDP may have ground to a halt during thesecond quarter. . .