Key View

• We at Fitch Solutions expect the Italian economy to maintain a sluggish pace of growth through 2020.
• Disruptions caused by Covid-19 (coronavirus), both in China and in Italy, will pose significant downside risks for a number of sectors.
• Moreover, Italy’s limited fiscal policy space to stimulate the economy if it were badly impacted by

Key View:

• The threatened cancellation of road concessions and several public road projects clouds our outlook for Italy’s road and bridge sector.
• Political uncertainty over the future of Italy’s motorway concessions and several publicly funded road projects will weigh on investor sentiment and slow the advance of projects over the coming months

Key View

• The end of the European Central Bank (ECB)'s asset purchase programme (QE) will pose a challenge for the eurozone's already slowing economic recovery.
• The main impact will be felt in the fiscal sphere, with a reduced demand for government bonds likely to push up bond yield spreads and increase government refinancing costs, particularly

Key View

• The collapse of a bridge in Genoa, Italy will generate major uncertainty over the coming weeks in Italy's infrastructure sector.
• Concessionaire Autostrade per l'Italia and parent company Atlantia SpA will face increased scrutiny over the coming months, weakening investor confidence.
• The bridge collapse will likely lead to reforms of

Key View:

• Fastweb buying 3.5GHz spectrum hedges its bets around connectivity platforms
• Fibre key to exploiting digital economy innovations, but not exclusively so
• Low cost vital to building-up Italy's broadband market

Fastweb, the Italian broadband unit of Swisscom, has agreed to buy the fixed wireless broadband unit of erstwhile partner

Italian home prices have been stable at their trough, 17.1% down from the 2008 peak, for eight quarters in a row, even though the number of property trades has been increasing (8% yoy in 2017). Few exceptions to this long-lasting trough are the north-west, Lazio and the main metropolitan areas such as Milan, where prices are increasing. In southern