Word: garaguso
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Along with their concern that the U.S. economy's performance is not up to par. many European businessmen also worried about economic conditions in their own front yard. Says Cristiano Garaguso, chief of the Rome office of 24 Hours, Italy's most authoritative financial daily: "There may be a light U.S. recession next year, but it won't be long or serious. I am much more worried about the overexpansion of capital and overoptimism in Europe...
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