Rome

S&P can't see Italian economy turning corner in 2014

GDP has dropped 95 in six years, says agency

S&P can't see Italian economy turning corner in 2014

Rome, July 24 - Standard & Poor's said Wednesday that, with recession-hit Italy set to post negative growth of 1.9% in 2013, the country's gross domestic product (GDP) will have dropped 9% drop in real terms on 2007 levels by the end of this year. The agency added that it did not expect to see "this trend reverse significantly in 2014".

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