Electricity and gas bills, Cottarelli: “Energy increase weighs like three financial”

” Italy weighs roughly 60 billion, 3% of GDP; it’s a big blow, it’s like having three financials at once ”. The economist Carlo Cottarelli said this tonight at ‘Che tempo che fa’ on Rai3, on the increase in energy prices, and the expensive electricity and gas bills, and on how it is affecting our recovery.

” We are putting in 5-6 billion a quarter, so we are absorbing a third of the blow we are taking, ” explained Cottarelli.