Rome

Italy's economy expected to perform 'below average'

Country to contract more than eurozone partners

Italy's economy expected to perform 'below average'

(ANSA) - Rome, August 30 - Ratings agency Moody's said on Thursday that Italy's economy was expected to perform well below the average of the other 17 eurozone countries, contracting 2.5% to 1.5%, compared with 0.5% for its European partners in 2012. For 2013, the ratings agency expects zero growth for Italy.

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