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Italy's economy hit by lack of credit
Financial Times By Rachel Sanderson in Parma Italy's economy could “waste away” due to lack of credit, according to the Bank of Italy, as it revealed lending to Italian companies fell by €20bn in December as the full force of the sovereign debt crisis hit. Italy growth forecast for next year 'after 2012 recession' Bank of Italy sees 'year of recession' Bank Of Italy Governor Visco: GDP May Stabilize In 2nd Half Of 2012 |