Alarming figures from Italy have been reported today in Italy's premiere newspaper, Corriere Dela Sera, showing a startling 146,368 SME businesses have failed in the first three months of 2012.
The figures from the Italian Union of the Chamber of Commerce (Unioncamera) show that while 120,278 enterprises were created in Italy over the same period, the difference of -26,090 is three times greater than the -9,638 figure from the fist three months of 2011. Disappointingly this indicates a return to the peak of the economic…
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