Tuesday, August 7, 2012

No end in site for Italian recession



Published on Aug 7, 2012 by
http://www.euronews.com/ Italy has slipped deeper into recession making it more difficult for Mario Monti's technocrat government to control a debt crisis that is undermining the region.

The shrinking economy weakens tax revenues and hits jobs and consumer spending locking the eurozone's third largest economy into a downward spiral.
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