European Commission predicted that the recession in Italy this year worse than shown by previous forecasts, underscoring the scale of the challenge facing the Will be elected Italians government by the weekend
The Commission said that the Italian economy will shrink 1% in 2013 after they had predicted last November contracted by 0.5%, and compares the expectations of a contraction of 0.3% for the euro zone, which shows that Italy is still lagging behind its partners.
Italians will elect austerity-weary weekend a new government to replace the government economic competencies led by Mario Monti, which imposed taxes and cuts in spending to save Italy from a financial crisis such as occurred in Greece
The Commission said that the Italian economy will shrink 1% in 2013 after they had predicted last November contracted by 0.5%, and compares the expectations of a contraction of 0.3% for the euro zone, which shows that Italy is still lagging behind its partners.
Italians will elect austerity-weary weekend a new government to replace the government economic competencies led by Mario Monti, which imposed taxes and cuts in spending to save Italy from a financial crisis such as occurred in Greece
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