Italy's Construction Boom Drives Growth, But Decline Looms Amid Debt and Productivity Woes

Italy has recently outperformed other major Eurozone economies in economic growth, largely due to a construction boom fueled by tax incentives
This growth is expected to slow significantly in 2023, with Italy forecast to grow by just 0.5% compared to 1% for the Eurozone
Italy faces long-term economic challenges due to a declining workforce and very low productivity growth
Italy has a high government debt level of 140% of GDP which limits its fiscal options going forward
Without major reforms, Italy's economic future looks stagnant with negligible improvements in living standards