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Italy : Office Snapshot - Q1 2013

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Italy : Office Snapshot - Q1 2013

The Italian election ended in political stalemate in February, which has done little to improve occupier and investor confidence. The economic outlook is still weak, with high unemployment and fiscal austerity weighing on household consumption, while tight credit conditions and rising spare capacity are expected to dampen business investment in 2013.

Source : Cushman & Wakefield

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