Coronavirus: Italy recession, -0.5% GDP 2020 - Moody's

(ANSA) - Rome, March 6 - The Italian economy is "probably in recession", Moody's said Friday, adding that GDP will fall 0.5% this year instead of rising by that amount according to its previous estimate.
    In a worst-case scenario, with a longer coronavirus impact, GDP may fall by 0.7% this year, the rating agency said.