Bank of Italy (BOI): ECB prepared to intervene again if necessary; more downside risks to both inflation and growth more apparent
- EMU recovery threatened by global economic slowdown; emerging market weakness weighing upon global trade
- Forecasts Italy 2016 inflation at +0.3% and at +1.2% in 2017
- Sees Italy economic recovery to strengthen to 1.5% GDO in 2015-17 period