Ad
Matteo Renzi in the European Parliament (Photo: europarl.europa.eu)

Italy slips back into recession, Germany rejects France growth appeal

Italy has slipped back into recession putting pressure on Prime Minister Matteo Renzi to fulfil promises to see through major structural reform to boost growth.

The Italian economy, the third largest in the eurozone, shrank 0.2 percent in the second quarter, the country's national statistics office said Wednesday (6 August).

In response to the news, Renzi wrote to lawmakers to urge them have "courage" to look at reality.

“The negative growth data should not lead us to make t...

Get EU news that matters

Back our independent journalism by becoming a supporting member

Already a member? Login here
Ad