As European elections loom, the rhetoric heats up. But public interest remains low even though the stakes are high. In the background are the continuing recession, judiciary evidence of corruption for Expo in Milan, and the hordes of immigrants who continue to arrive, on shabby boats via Libya, and to drown. Here’s what some of the top leaders are saying or, rather, shouting during these final days before the vote May 25.
You chose: economy
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Eppur si muove – But even so, it moves, said Galileo Galilei after his trial. If the U.S. economy is hustling, and Europe’s is recovering after more than five years of the doldrums, Italy’s finally is showing signs of moving forward. Combined with a drop of almost 10% in purchases of imported items, sales of domestic products have risen by 7.3%. The government’s battle against tax evaders has made progress, and so far this year over last tax revenues are up by 9.1%, according to the financial daily Il Sole/24 Ore.
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Wherever one goes these days, the talk is money. But even in the midst of recession there are encouraging signs of financial life. Although the GNP is expected to hit a minus 1.8% by year end, the statistics-gathering agency Istat has just predicted a 0.7% rise for 2014. Elsewhere too there are positive notes. Says Economics Minister Fabrizio Saccomani, "We won't be growing like China, but we will have a sustainable growth level of around 2% a year." This is the background for the forthcoming debate in Parliament of the Letta cabinet's proposed budget, the so-called "Stability Law."
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Confindustria has just declared that industrial production bounced up by 0.4% in June this year by comparison with the previous month. Yes, it is a positive note
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Bank of Italy Panel Discussion at the Casa Italiana Zerilli-Marimò, an appropriate venue created as a tribute to Guido Zerilli-Marimò, a noted Italian entrepreneur who helped with the economic rebuilding of Italy
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Columbia Business School and NYU Stern School of Business hosted in New York the Annual NOVA Conference. A chance for networking and hearing noted speakers discuss Italy and its economy
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The book “Italy Today. Politics, economy, and society” is a collection of essays that analyzes various aspects of the present Italian social, political and economical situation, singling out the structural components that make the country “the sick man of Europe”. The work was presented on November 20th at Casa Italiana Zerilli Marimò
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Italian inflation sparked fresh alarm Friday after supermarket, fuel, bar and restaurant prices showed a 4.8% annual rise in February - their highest leap in 11 years.