Italy’s Economy Slow and Steady Wins the Race

With the current dollar-euro exchange rate being $1.09 to 1euro and the current concern over Greece potentially leaving the EU, the Grexit as it has been named, governments and economists are paying close attention to struggling European economies. Greece, Spain, Portugal, Ireland, and Italy, or PIIGS countries as have became known, are those with the five worst economics in Europe, all of which have debts significantly higher than the Eurozone average, and growth rates that are minimal.

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