Free Trial

MNI BRIEF: Eurozone Growth Slow To Pick Up - Bank Of Italy's Panetta

Bank of Italy Governor Panetta gives a speech.

MNI (ROME) - Signs of a decisive improvement in eurozone domestic demand are emerging only slowly, Bank of Italy Governor Fabio Panetta said in a speech on Tuesday, noting that strong Q1 economic growth came mainly from foreign demand.

Estimates for Q2 show output grew moderately supported by services, but companies pointed to still-weak industrial activity, Panetta said.

Keep reading...Show less
110 words

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.

MNI (ROME) - Signs of a decisive improvement in eurozone domestic demand are emerging only slowly, Bank of Italy Governor Fabio Panetta said in a speech on Tuesday, noting that strong Q1 economic growth came mainly from foreign demand.

Estimates for Q2 show output grew moderately supported by services, but companies pointed to still-weak industrial activity, Panetta said.

Keep reading...Show less