01734cas a2200241 a 4500 AALejournalIMF015334 230101c9999 xx r poo 0 0eng d 5.00 USD 9781513541228 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. European Dept. Italy : Staff Report for the 2015 Article IV Consultation. Washington, D.C. : International Monetary Fund, 2015. 1 online resource (70 pages) IMF Staff Country Reports <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This 2015 Article IV Consultation highlights that Italy's economy is emerging gradually from a prolonged recession. Financial market sentiment and confidence indicators have improved substantially since end-2014. Despite the recent bouts in volatility, sovereign bond yields have fallen to precrisis levels buoyed by the European Central Bank's quantitative easing. Bank and corporate funding costs have declined. Rising business and consumer confidence has stemmed the decline in domestic demand. Against this backdrop, the economy is expected to recover moderately, with real GDP projected to expand by 0.7 percent in 2015, supported by domestic demand and net exports. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2015/166 Full text available on IMF http://elibrary.imf.org/view/journals/002/2015/166/002.2015.issue-166-en.xml IMF e-Library