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Italian consumer confidence plunged to the lowest in more than 15 years in May as Prime Minister Mario Monti’s austerity drive deepens the recession in Europe’s fourth-biggest economy.

Photographer: Alessia Pierdomenico/Bloomberg

Italian consumer confidence plunged to the lowest in more than 15 years in May as Prime Minister Mario Monti’s austerity drive deepens the recession in Europe’s fourth-biggest economy.
May 23, 2012
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Italian Consumer Confidence Falls to Lowest Since 1996
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