Bank of Italy: north hit hardest by crisis
The Bank of Italy's Economic Developments in the Italian Regions report, published on Thursday, analysed the evolution of economic activity in Italy's four macro-regions from 2009 to the first quarter of 2010, and found the northern regions were worst affected during the crisis.
In 2009, the report said, the recession affected all sectors and areas of the economy. Nevertheless, according to estimates from the Institute of National Statistics, the decline in GDP in Italy was relatively larger in
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