(MENAFN) Positive news continues to trickle in for Italy's economy, but investors and economists say that it is still too early to say the economy has finally emerged from its long economic malaise, Xinhua reported.
The most encouraging figures are related to growth in Italy's gross domestic product. The latest growth figures show Italy's economy grew 0.3 percent in the first quarter of the year.
That would be a low growth figure for most countries but it cancels out a 0.3 percent contraction in the last three months of last year, the first time the economy showed positive growth since 2013.
"The fact that businesses are slow to hire new workers and invest in new infrastructure or research is what makes me pause," chief economist with investment bankers Hildebrandt and Ferrar said.
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