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Italians Are Getting Less Gloomy Despite Stalling Economy

More Italians think the economy is doing well than at any time in the past six years.

Italians Are Getting Less Gloomy Despite Stalling Economy
The Italian national flag flies near a monument to the unknown soldier in Rome, Italy. (Photographer: Alessia Pierdomenico/Bloomberg) 

(Bloomberg) --

Italians Are Getting Less Gloomy Despite Stalling Economy

More Italians think the economy is doing well than at any time in the past six years -- despite a dismal forecast of just 0.1% growth for the year. Pessimism still reigns though, with over 75% saying the economic situation is “bad” -- the second-highest reading in the euro area, after Greece.

To contact the reporter on this story: Eddie Spence in London at espence11@bloomberg.net

To contact the editors responsible for this story: Fergal O'Brien at fobrien@bloomberg.net, ;Sheldon Reback at sreback@bloomberg.net, Zoe Schneeweiss, Alessandro Speciale

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