Italy a Major Risk For Eurozone Recovery

When most of the euro zone seems to be flourishing, its third largest economy remains a major headache.

Italy is dubbed by many analysts as the biggest threat to the stability of the euro zone economy, even though recent data have come in above forecasts.

“Italy’s GDP (gross domestic product) year-on-year percentage change is only half of the euro zone average,” Marco Wagner, senior economist at Commerzbank in Germany told CNBC in an email. “This shall remain so for the time being,” he added.

CNBC

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Former Craig

Former Craig

Former Senior Market Analyst, UK & EMEA at OANDA
Based in London, Craig Erlam joined OANDA in 2015 as a market analyst. With many years of experience as a financial market analyst and trader, he focuses on both fundamental and technical analysis while producing macroeconomic commentary. His views have been published in the Financial Times, Reuters, The Telegraph and the International Business Times, and he also appears as a regular guest commentator on the BBC, Bloomberg TV, FOX Business and SKY News. Craig holds a full membership to the Society of Technical Analysts and is recognised as a Certified Financial Technician by the International Federation of Technical Analysts.