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'10,000 Italian shops closed down in Jan-Feb'

Sharpest drop in 20 years says Confesercenti

15 March, 13:22
'10,000 Italian shops closed down in Jan-Feb' (ANSA) - Rome, March 15 - Some 10,000 shops closed down in recession-hit Italy in January and February, the sharpest drop in 20 years, small-business association Confesercenti said Friday.

If the trend of 167 closures a day continues, it said, Italy will have lost 60,000 shops by year's end.

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