Italy Q2 preliminary GDP -0.3% vs 0.0% q/q expected

<ul><li>Prior +0.6%</li></ul><p>That's a miss on estimates and is not a good look for the Italian economy, with Q3 struggles set to intensify. If the PMI data in Europe shows no signs of improvement in the next two months, we could be staring at a technical recession in Italy.</p>

This article was written by Justin Low at www.forexlive.com.