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Italy’s economy to shrink further in 2013
Newly-released figures show that Italy’s economy is expected to shrink more than expected in 2013, continuing the country’s longest recession since the World War II.
A report by Italy’s National Institute for Statistics (Istat) said on Monday that the country’s gross domestic product (GDP) will contract by 1.8 percent compared to a previous estimate of 1.7 percent contraction.
Istat...