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Kyle Schwarber Jersey , Oct. 21 (Xinhua) -- Italian economy would
return to a timid growth in the last months of 2014 and finally emerge from
recession with an output rise of 0.5 percent in 2015, economic think-thank
Prometeia said.

The recovery would be sustained by euro's depreciation, expansionary policies
and Italian exports, which are expected to reach pre-crisis levels between 2015
and 2017, the institute said in the Economic Outlook unveiled on Oct. 17.

"We expect Italy's economy to start growing again in autumn Authentic Javier
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and forecasting Stefania Tomasini told Xinhua.

"Considering the third quarter of 2014 will most likely be negative still,
the GDP (gross domestic product) growth may be around 0.1 percent in autumn. For
the end of this year, therefore, it is more accurate to speak of a 'halt in the
GDP fall' rather than recovery Joe Maddon
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Despite the positive variation, Prometeia said Italy's GDP would overall
decrease 0.4 percent in 2014.

Italy would really pull out of recession in 2015 with a 0.5 percent growth,
and recovery would then consolidate moderately. The country's output is expected
to increase more than 1 percent in 2016 and 2017, respectively.

The depreciation of the euro against U.S. dollar and emerging-market
currencies is considered a necessary condition for this forecast to be
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"The key factor for this breakthrough is the depreciation of the euro, which
has decreased around 7 percent in value against the dollar since August," the
report said.

Yet, favorable euro exchange rates alone would not be enough. Italy's
prospects to emerge from recession would also depend deeply on national
expansionary fiscal policies that were launched in 2014 and are due to be
consolidated next year.

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