December 28, 2012

Economic outlook to remain weak in 2013 warns bank report

(ANSA) - Milan, December 27 - The Italian economy is facing another tough year in 2013, with the current recession lingering, warns a new economic study released Thursday.

The country's gross domestic product won't do quite as badly next year as this year, but GDP will slide by about 1% in 2013 compared with an average loss of 2.1% in 2012, says Intesa Sanpaolo. Read more.


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