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Chief economist update: La vita is no longer e bella

Italian GDP contracted 0.2% in December quarter after shrinking 0.1% in the previous three-month period. But the decline in the economy's national output was double the expected 0.1%.

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Read more: EurozoneItalyBelgiumGiuseppe ConteGreeceIstituto Nazionale di StatisticaItaliansLuigi Di MaioRomeStar Movement