The Italian economy will show
"stagnation" next year, retailers' group Confcommercio said
Friday, revising a previous estimate showing slight growth.
It said growth would slow from 1% this year to 0.8% next
year.
Very small businesses in Italy, those with less than nine
workers, are experiencing a "credit crunch", Confcommercio said.
It said only 11% of them had access to adequate financing.
After the financial crisis the relationship with the banks
has not resumed, it said.
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