Italy's economy declined in the 3rd
quarter indicating the nation may face a new recession. GDP lost 0.2% compared
to 2nd quarter when it gained 0.3%. Consumer spending and investment
dropped 0.2% and 0.6% respectively. Exports added 1.6% whereas imports edged
down 1.1%. Threat to economic growth is fuelled by planned austerity measures
which will face final vote tomorrow.