Economic forecast.

The article offers an outlook on the economy of Italy for 2012-2016. It expects that a recession that began in the second half of 2011 will worsen in 2012. It forecasts that the gross domestic product (GDP) of the country will drop by 1.9% from its growth of 0.5% in 2011. It adds that the continued weak external demand and fiscal austerity will result to stagnation of the economy in 2013.