Italian austerity not working too well

evince

Truthmatters
http://www.kansascity.com/2012/08/07/3747563/italian-economy-contracts-for.html#storylink=rss


Italian economy contracts for 4th straight quarter



The Associated Press













MILAN -- Italy's recession deepened in the April-June period, when the economy shrank for the fourth quarter in a row, official government statistics showed Tuesday.

The economy contracted by 0.7 percent in the second quarter compared with the previous three months, more than the 0.6 percent drop expected by economists surveyed by FactSet, a financial data provider.

Read more here: http://www.kansascity.com/2012/08/0...ontracts-for.html#storylink=rss#storylink=cpy
 
http://www.kansascity.com/2012/08/07/3747563/italian-economy-contracts-for.html#storylink=rss


Italian economy contracts for 4th straight quarter



The Associated Press













MILAN -- Italy's recession deepened in the April-June period, when the economy shrank for the fourth quarter in a row, official government statistics showed Tuesday.

The economy contracted by 0.7 percent in the second quarter compared with the previous three months, more than the 0.6 percent drop expected by economists surveyed by FactSet, a financial data provider.

Read more here: http://www.kansascity.com/2012/08/0...ontracts-for.html#storylink=rss#storylink=cpy

it just proves that austerity during a recession does not work

not that would ever stop the the repugs

oh well
 
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