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Italy suffers record fall in income for 2012

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Italians staging a protest against austerity in Rome Official figures show that Italian households have experienced a record fall in income for 2012, as the country’s economy is expected to remain bleak. Italy’s national statistics agency Istat reported on Tuesday that the households’ purchasing power contracted by 4.8 percent last year, making it the worst result since 1990 for Eurozone’s... 
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