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.
This article is for general information purposes only. It is not investment advice or a solution to buy or sell securities. Opinions are the authors; not necessarily that of OANDA Corporation or any of its affiliates, subsidiaries, officers or directors. Leveraged trading is high risk and not suitable for all. You could lose all of your deposited funds.