by Rossella Bocciarelli

Italy's economic policy makers can't afford to miss this opportunity—to transform two years of economic recovery into steady, solid growth. That's a key takeaway from the latest report by Confindustria, the Italian industrialists' association, which has upped its estimate for Italian GDP growth to 1% in 2015 (versus a previous estimate of 0.8%) and 1.5% in 2016 (up from 1.4% growth anticipated in June).

The group's research center noted that the estimates were still on the conservative side since the nation's economic revival remains "fragile and modest." Italy is now recovering from a three year recession. "An analysis of the current situation suggests that, at this moment, the nation is basking in more of a reflected light than its own merits," said the report, which was presented by head of research, Luca Paolazzi.

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Fonte: Italy24