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Sace:Errore, recovery will be V-shaped, exports will save us

Decrease of 11.3% in 2020, but in 2 yrs we will exceed 500 bn

23 October, 09:44
(ANSA) - MILANO, 23 OTT - "Exports will be a lifesaver for the economy because it has always done better than the Italian GDP and, while keeping our feet on the ground, we estimate a V-shaped recovery." Sace chairman Rodolfo Errore said when speaking on the web program War Room.

"In recent years - he continued - we have accompanied 23,000 companies in 198 countries, having 134 bn operations in the belly, so we have a broad vision of market dynamics." "We estimate that exports will contract by -11.3% in 2020 - he then underlined - but within the next two years we should exceed the value of 500 bn euros in exports ". We will achieve this result "thanks to specific sectors and some markets." Among these "Germany, the Czech Republic, Switzerland, and Russia," which "are waiting for the supply of Italian goods." Errore then said that" unlike other countries, there are never prejudices of any kind against Italians." (ANSA).

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