Italy falls back into economic recession. Its economy shrink and the latest figures show that it is worse than expected.
According to the data, all the goods and services in the country shrank by 0.2% in the second quarter of the year.
Economists consider lowering GDP as a factor, which shows that the country is in recession.
This sudden contraction recent GDP is a blow to Prime Minister Matteo Renzi, who came to power in February, with the promise of reform made to revive the economy.
0 Comments