Your support helps us to tell the story
As your White House correspondent, I ask the tough questions and seek the answers that matter.
Your support enables me to be in the room, pressing for transparency and accountability. Without your contributions, we wouldn't have the resources to challenge those in power.
Your donation makes it possible for us to keep doing this important work, keeping you informed every step of the way to the November election
Andrew Feinberg
White House Correspondent
Italy has slid into recession, preliminary figures from the national statistical agency confirmed today.
ISTAT said the eurozone's third-largest economy contracted a quarterly rate of 0.7% in the last three months of 2011 - that was the second quarterly decline in a row, which is the official definition of a recession.
The Italian economy registered growth of 0.4% last year, compared with 1.4% a year earlier.
Italy is struggling to escape Europe's sovereign debt crisis with measures to cut spending and spur growth.
AP
Subscribe to Independent Premium to bookmark this article
Want to bookmark your favourite articles and stories to read or reference later? Start your Independent Premium subscription today.
Join our commenting forum
Join thought-provoking conversations, follow other Independent readers and see their replies
Comments