Mercoledì, 26 Settembre 2018

Italy hardest hit by euro crisis in 2012


Brussels, March 26 - Italy suffered the
consequences of the eurozone debt crisis in 2012 more than any
other country, a European Commission report said Tuesday.
"Economic stress had repercussions in Bulgaria, Cyprus,
Ireland, Portugal, Greece, Spain and especially Italy, where the
number of those in economic difficulty rose by 15%," said the EC
in its report on employment in Europe.
The study also stressed that Italy lagged behind the rest
of Europe in productivity, "down 2.8% in the last quarter of
2012, following an even bigger 3% drop in the previous quarter".
"Italy is also the country, among the largest in Europe,
where unemployment in the last quarter of 2012 underwent the
fastest climb at 0.5%, followed by Poland at 0.3%, Spain and
France both at 0.1%," the study said.

(photo: a Fiat plant in Italy)

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