Pasini: Heads Brescia and Economy

pasini: But after the general elections in early March the economy started to slow, and in the most recent months it has ground to a halt, according to The Guardian. After three years of optimum growth, between June and September our economy slowed to 0.1% down from 1.3% in Q1 and 0.6% in Q2 . This came as a shock, said Pasini, who also heads Brescia's industrial association. When Italy finally emerged from its crushing triple-dip recession in 2015, Brescia, an important European industrial hub some 50 miles east of Milan, enjoyed uninterrupted growth. Businesses are worried; this slowdown could be particularly dangerous in 2019, not just for Brescia but for the entire country, as our region is considered a driver for the rest of the economy. Fear is mounting among business chiefs that Italy, which is saddled with a public debt worth more than 130% of GDP, could slip back into recession. The slowdown in Brescia has coincided with economic stagnation across Italy, an indication that the political and fiscal uncertainty created by the country's coalition government, made up of the anti-establishment Five Star Movement M5S and the far-right League, is having an effect. (news.financializer.com). As reported in the news.