This is the leitmotif that constantly resonates in the discussions of all Italians. We have been in phase 3 of the Covid-19 emergency for a few days now, but the timing and intensity of the recovery that will follow will depend on factors that are still difficult to predict, even though we know that the repercussions on the real economy will be significant, with a GDP contraction of no less than 9% in 2020.

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