国产人人色I色婷婷综合久久中文字幕雪峰I奇米色777欧美一区二区I久热久热aV爽青青在线I国产av喷水I国产伦精品一区二区三区免.费I高潮av在线Iww欧美一级I91天天看I黄a在线91I九一无码中文字幕久久无码色…I丰满国产精品视频二区

USEUROPEAFRICAASIA 中文雙語(yǔ)Fran?ais
World
Home / World / Europe

Italy in longest recession since 20 years ago

Xinhua | Updated: 2013-02-15 00:13

ROME - Italy's national statistics institute Istat said on Thursday that the country was in its longest recession in the last 20 years, after it registered a negative growth for the sixth consecutive quarter in the last three months of 2012.

Istat said that the country's gross domestic product (GDP) for the whole of last year was down 2.2 percent compared to the previous year, according to seasonally adjusted data.

The GDP fell 0.9 percent in the fourth quarter of 2012 compared to the previous three months and 2.7 percent with respect to the same period in 2011.

The last time that Italy posted six consecutive quarters of negative growth was between 1992 and 1993, Istat added.

Italy has been the most sluggish economy in the eurozone for more than a decade and was at the forefront of the debt crisis when caretaker premier Mario Monti took the helm of an emergency government of technocrats in November 2011.

Though Monti's austerity measures have helped lower borrowing costs, international concerns were raised by analysts over the past weeks over the next government's ability to bring down huge public debt.

Most Viewed in 24 Hours
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US