Italy enters recession as quarterly GDP drops

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Italy has fallen into recession, after its economy shrank by 0.2% in the fourth quarter of 2018, following a 0.1% fall in the previous quarter.

Source: Financial Digest (financialdigest.net)

 

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kevinlaughlin Surprise surprise

nigella_i5e Germany next after we leave

Better out the EU then or we will end up paying to get Italy out the s**t

Italexit means italexit

the very reason eu will not negotiate with UK they want our money

The EU Giant Ponzi scheme about to the wall & we've got a front row seat! 'Never place all your eggs in one basket!'

rrremulo

No more £39 billion from UK better ask from German & France.

Bloody Brexit

😂😂😂 Remainers outside HoC keep shouting out “ Brexit , not going well is it ?” , it looks like Remaining isn’t going too well either , France will be next to go into recession. FBPE

What they need is MORE EUROPE!!! 🙄

nigella_i5e But there part of the block and it never happens in the EU.

The EU shafted the Italians!

The remainders are quite on this topic 🤔🤔

nigella_i5e Is that, due to Brexit, or despite Brexit ?

And guess which other country won't be far behind them...

Brexit no bail outs from us

Lovely EU

The eu is doing well then

ITEXIT

Just what the EU wants. WTOBrexitNOW

Avalon262 Wow, an EU country in recession,who would have thought that could happen? Oh hang on Greece aren’t they in the EU

Wow EU doing well then

Germany and France will bail them out

And you wonder why 17.4 million people voted to leave.

Is this why the EU don’t want the uk to leave so we can prop up economy’s that are tanking

👀

They about to get a nice pay off after that drug bust

Here comes the bailout

THis is the answer to all Italy's problems right Guy Verhofstadt loses it and demands more power be transferred to the EU (link: via YouTube

Guy Verhofstadt loses it and demands more power be transferred to the EU via YouTube

Italeave

mrEggy101 What a great club to be in.. 😂😂😂😂

Will this mean Itaxit?

Maybe they should transfer more powers to the union and more mass immigration. And more powers to the union. More. Powers. To. The. Union.

This is impossible they are in the EU impossible

Another country that Germany is looking to own...

Another EU success story

As expected. As reported yrs ago on Twitter. What is it folk say...Italy, then Spain, etc, etc. Folk on here very rarely wrong.

I blame Clooney and his Communist wife, whatever her name is!! They didn't take in illegals into their Lake Como home, that they insisted were good for the rest of us!!!!

And all of a sudden the back stop will be dropped.

MORE EU (imposed austerity)

And people want us to stay in the EU Good job I voted to leave. We'd have to subsidise these countries if we stayed brexit proudtovoteleave

GuyVerhoftwat Not likely to get better too quickly given the levels of youth unemployment. What a shame too. Is there anyone that makes better cars, clothes, bikes, fresh produce?

hahahahah european how many countries going to go down this way.

We’ll expect more Italians to our shores then?

Anna_Soubry terrychristian nealerichmond mrjamesob Interesting read, is this due to brexit or the EU

J054MILLER

Leave voters be like.....

Wait a second here. Hold the phone. This is impossible? Italy are in the EU. The EU are all powerful, all knowing. This can’t possibly of happened. Anna_Soubry DavidLammy Femi_Sorry mrjamesob lilyallen Call this out! They’re spreading fake news!

Is that the recession the EU plunged them into by not allowing them to do what they needed to stop it, like France was allowed to do? Sooner they are out the better

GuyVerhoftwat And mainstream media blame Brexit in 3...2...1...

GuyVerhoftwat They need more ‘Yerp’

When Italy is the 4th largest contributing country in EU and has gone into recession Germany largest contributor and narrowly avoided recession. One really has to question how good is the Eu

Thought EU was supposed to stop the small countries suffering? Or ist it only Germany & France that are protected?

GuyVerhoftwat EU Falling apart again lol

Thought this was fake news when I read it on another site.. Itexit?

GuyVerhoftwat Juancker_EU Italy in recession. Germany narrowly avoids recession. Just what are Drunker and Verhoftwat playing at?

You report this, yet silence on Paris riots

All the more reason to be OUT OUT 👍

NextEuroZoneCrisis Goodbye

Greece,Spain,Portugal,Italy are pretty much bankrupt,France and Germany have problems and they want to take us down with them,leave with no deal pay them nothing and look after Number 1

Despite Brexit

Blame brexit

GuyVerhoftwat Erm GuyVerhoftwat - what has occurred Master?

I take no satisfaction is seeing Italy struggling, i want out of the EU elite's power mad grasp yes but Italian people suffering or losing jobs won't make me happy, i hope they leave EU also in the near future they have Salvini so should be ok

Hmmmm nothing learned after greece

blame the fascist government

cathandpat hmmmm

So let’s stay and pay even more into the busted flush of the eu

GuyVerhoftwat Fake news surely, Italy are in the EU so this can't be right 😉

skysarahjane Kevin_Maguire is this a direct result of the Tories Brexit

GuyVerhoftwat If only they could devalue their currency eh? Why can’t they do that I wonder....

GuyVerhoftwat I blame Brexit

skysarahjane Mmmmm May make brexit negotiations with the EU a bit more interesting for us

I believe that the government wouldn’t have let Brexit happen if they thought it was a tremendously bad idea.... They would’ve fixed the vote, or not even let the vote take place... Greece, Italy, Portugal and Belgium are all in massive recession... And Spain will soon join⬆️

Wonderful EU 👆

EU going down. We're getting out at exactly the right time. We should leave now on WTO rules or be dragged down with them.

EU will need our 39 billion more than ever

Thought everyone in the EU has gold filled pockets?

I hope that they send their asylum seekers home now

That would be the Italy that's traditionally a large trading partner of Russia. The Hard Brexiteers talk about the EU trying to trap Britain in membership. I seem to remember Britain being banned from meetings over the Eurozone.

JasonKelleyUK Mamma mia

Not surprised..Europe is in trouble. That’s why Brexit is being done!🤷🏻‍♀️

These replies: People who voted to plunge the UK into recession, destroy manufacturing and agriculture saying that, actually, recessions are a bad thing.

Italy’s banking sector is a mess this has been a long time coming watch Germany entering recession next

This can't be happening within the EU. We're told, by your news station, repeatedly, every single day, that leaving the EU will be disastrous. Is this still your line now member states are officially in recession?

Sooner Italy leaves, the better. Follow Brexit lead and regain control over your sovereignty and currency.

skysarahjane Surprise..Merkels master plan

HOLD ON DOES THIS MEAN PIZZAS ARE GETTING SMALLER?

This is going to happen to all those countries

skysarahjane If we stay in the EU we could aspire to have the same employment figures for the youth of Italy aswell. Please can we stay.

skysarahjane Oops.

Germany too! Isn’t the EU amazing?!....

Well well well!! Next will be France! Let’s leave this sinking ship behind.

skysarahjane So France barely avoids double dip, now Germany and Italy enter recession. Things are going to get very sticky for the next few years.

skysarahjane And I suppose it’s the fault of Brexit. It wouldn’t surprise me to hear someone claim that. There is a global slowdown, things are going to get a lot worse, not helped by the sky high global debt and over diluted currencies by astronomical printing. It’s not Brexit. O—-Kkkk!

skysarahjane Much like the weirdos who get excited about terrorist attacks, lots of people seem over the moon about Italy entering a recession. That’s 2019 for you.

But, but EUtopia?

Where's you bloody Eu Flag Waving in Italy you bunch of Thieves. We stand with the People of Italy Itexit Brexit

skysarahjane I blame BREXIT BlameBREXIT

This is not even making Headline News on the BBC BBCNews I wonder why 🤔🤔🤔🤔🤔🤔

Brexiteers now..

Good

And in other news, the EU threatens to sue the UK for £39bn in the event of a no deal Brexit. totallyunrelated

FFS - Eurozone is only up 0.2%. A 0.2% decline by Italy is hardly the end of the pizza.

All the more reason for no deal. The EU is failing & everyone knows it.

Whether in the EU or not, it's a basket case of a country.

A big splat in the face to Remainers, poor Femi and Co.

Not great news for the EU, good news for the UK negotiating team maybe.

Leave the EU

Euro drops... France and German exports cheaper. Everyone's a winner

And they'd like the UK to stay in the EU to keep funding them brexit LeaveMeansLeave

Brexit for the win

Is it time for regime change in Italy now?

Nah surely not, when your an eu member your swimming in riches 🙄

Roll on the 29th March

No doubt the UK will be blamed ! Brexit

The EU bankrupting its members

Italexit

Who really cares about GDP? Sometimes there is more important things then money, like keeping your nation intact and serving your own people over others outside your nation.

Whoops , and that's why Germany and France don't want us to leave because they need our billions to help the struggling countries ... Imagine if it was Germany leaving ... And it was us and France expected to foot the bill.

Not important enough for the EU.

More pressure on eu

Alarming.

Don’t worry, we’ll join you guys soon.

I thought being in the EU was meant to prevent anything like this from happening.

Be like dominoes

That can't be right! They are in the EU! Only countries who don't/don't want to belong face financial hardships!! Isn't that right BBCBreaking

All because of the elite in Brussels. The Italians are suffering while junker and Co are becoming millionaires.

Blame Brexit...it's obviously the reason for it...😂😂

The EU is failing all around us get out while we can!!!

Hey remain lot 👌

and the Eu still claims cash from them.....

More to follow....

Must be brexit Bad_Taste1973

Stand strong UK. Been saying it all along. The EU is on point of economic collapse. Trade is a red flag to save the the EU elite's necks. Population growth is their main goal to churn out ever more profit to fill their pockets. UK will not fail, will not fall. EU need us far more

Can't be, they're in the EU.

Here comes the EU Iceberg. They have run out of other peoples money to spend. Never a better time to snatch that 39 billion back

EndTimeTuber

Being in the EU helps then 🙄

Both Germany and France have issues as well

Lovely. More please

Itexit

And Germany next

britain is a dump. i prefer america and israel

Itexit :-)

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