Italy: Real estate becomes cheaper, the trade deficit grows

Italian real estate becomes cheaper

In brief: Italy: overall balance of trade deficit in May amounted to 2 billion euros. Real estate prices in cities are falling.

Real Estate in Italy falls in price. Prices for apartments in Rome fell to 3,2% this year. Prices for houses in Sicily fell by 5,3%, Milan lost 4%.

At the same time, the overall balance of trade deficit of Italy in May totaled 2.0 billion euros in April, was recorded a deficit of 860 million euros. The trade deficit with the EU in May amounted to 540 million euros against a surplus of 181 million euros in April.

Ukrainian Globalist
2010-07-16 18:35, Economics.

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