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"In the euro zone, Italy is the country most likely to tip into recession in the next 12 months. [...] In 2006 it was overtaken by Spain; next year it may fall behind Greece (see chart). Francesco Grillo, at the London School of Economics, suggests that, if current trends remain unchanged, Romania will overtake Italy in 2020. That may be fanciful, but it confirms that slow growth has become Italy's worst failing. It has persisted under governments of left and right alike. None has been bold en
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