In our view, the post-COVID19 recovery will be a very slow and long process spanning 3 years.
The Recovery Fund might help in the short-term, but it is not optimally designed to support an improvement in Eurozone GDP potential growth, and that also means it is not adequate for reversing the stagnation of Italy.
Watch the recording of yesterday’s interview at Finanza Now for more insights!
Please go to the minute 07:49:00 to watch the first part of Raffaella’s live interview of the 4th of August 2020, at Finanza Now.
The interview continues in the second video, below.
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