Budget risks having negative impact on GDP - builders

(ANSA) - ROME, NOV 4 - Italian builders association ANCE said Monday that it was worried that the government's 2025 budget bill have a damaging effect on the sector and on economic growth in general.
    The association expressed "major concern" about the failure to extend to 2025 support measures to alleviate the effects of sharp rises in the cost of raw materials for ongoing public work projects, saying this posed a threat to more than 10 billion euros worth of investments.
    "We are extremely worried about the negative effects the budget law risks having on the construction sector and, therefore, on economic growth," ANCE President Federica Brancaccio told a parliamentary hearing on the package. (ANSA).