Italy's Economy Slides Into Recession

Italy fell into recession at the end of 2018, capping a year of political turmoil, higher borrowing costs and fiscal tensions that took their toll on the economy. Output shrank 0.2 per cent in the three months through December, following a 0.1 per cent decline in the previous quarter, statistics agency Istat said Thursday in a preliminary report. The year-end shrinkage was greater than via IFTTT