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| ITALICA NEWS |
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| Italy’s GDP up 0.4 % in Q1 and Q2 of 2010 |
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| [ Italica ] - Italy’s gross domestic product grew 0.4 per cent in the first and second quarters of 2010 and is expected to grow 1 per cent both in 2010 and 2011 - Banca d’Italia, the central bank of Italy, reports today in its economic bullettin. However, the unwinding of the fiscal stimulus measures will lead to a slowdown in the second half of 2010. Besides, economic recovery didn’t reverse employment trend. As a matter of fact, unemployment rate is still at 8.7 per cent. [July 15, 2010 – Italica news from Italy and San Marino] |
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