Bloomberg's Best Photos 2012: The Global Landscape

By Bloomberg Photos - 2012-12-17T19:40:07Z

Photograph by Alessia Pierdomenico/Bloomberg

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The Beaches of Italy

Rows of parasols and sun lounges are seen for hire in the coastal resort of Sperlonga, Italy, on Aug. 2, 2012. Italy's economy shrank for a third straight quarter in the first three months of 2012, as the debt crisis worsened and Prime Minister Mario Monti's austerity measures pushed the country deeper into the recession, its fourth since 2001.