World News

EU’s Gentiloni says expected rebound in Italy, France, Germany now uncertain

ROME (Reuters) – The expected rebound of the Italian, French and German economies after the slowdown in the end of 2019 is now uncertain following coronavirus, the EU Commissioner for Economic Affairs Paolo Gentiloni told Italian radio.

The outlook for the euro zone’s three largest economies was “not optimistic, but there was the hope of a rebound. Unfortunately, also because of coronavirus outbreak, maybe there won’t be such a rebound”, Gentiloni told Radio Capital.

(Reporting by Francesca Piscioneri; Editing by Toby Chopra)