The European Commission is feeling upbeat about Italy's prospects, forecasting economic growth of 0.6 percent this year and 1.4 percent in 2016, mostly spurred by external demand and investment. Foreign investors have also been buoyed by recent merger and acquisition activity. But there are some more reasons for the uptick.

Cheap oil, a weaker euro and aggressive action through the European Central Bank's (ECB) stimulus programme has helped investment and consumption. The weaker euro is not only expected to attract more visitors from beyond the eurozone, and property buyers, but also foreign investment.

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Source: http://www.thelocal.it/