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Italian economy shrinks again

16.05.14 @ 08:27

  1. By EUOBSERVER

Italy's economy shrunk by 0.1% in the first three months of 2014 compared to the previous quarter, shows data released by the country's statistics office. The drop in economic activity was worse when compared to the same period in 2013: -0.5%. Italy's stagation is a worry for the eurozone recovery.