Economy / Foreign relations

No real recovery, says Italian Industry Association

Giorgio Squinzi, the President of the Italian Industry Association, commented on the last disappointing data on the national GNP pointing out that there is “no real recovery”.

GNP growth was lagging for all the Member States of the Eurozone, including Germany. Ironically, Greece registered one of best performances, although this is probably due to the very ample margin for amelioration left by the crisis.

 

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