Business lobby warns recession has pushed Italians to breaking point

Italy's main business lobby group Confindustria warned on Thursday that the country was "on a razor's edge", facing an increasing risk of social breakdown despite signs that its two-year recession was coming to an end. Confindustria, which represents almost 150,000 Italian companies, cut its estimate for 2013 gross domestic product on Thursday to show a contraction of 1.8 percent, compared with ...