Il peggio ha da tornare, per l'Italia.

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By Sonia Sirletti and Flavia Krause-Jackson

Sept. 4 (Bloomberg) -- Nouriel Roubini, the New York University professor who predicted the financial crisis, is pessimistic about the future of Italy’s economy.

“I’m concerned about the prospects for the Italian economy,” Roubini said in an interview in Cernobbio, Italy. “Unless economic reforms and structural reforms are undertaken at a faster rate, economic growth is going to remain low and problems with unemployment and the job market will remain serious.”

While Germany and France both expanded 0.3 percent in the second quarter, Italy’s economy shrank 0.5 percent, its fifth-straight quarterly contraction. The pace of growth of Europe’s fourth-biggest economy has lagged its peers in the euro-region for more than a decade. The country’s unemployment rate rose in the first quarter to the highest since 2005.