July 17, 2012 archive

Jul 17

Lega Nord’s looking for visibility

The same old strategy for renewed attention: after scandals defeating Mr. Bossi and his ‘magic circle’, and the ruinous share of the party at last elections, Lega Nord resumes its war against South of Italy for renewed visibility and oblivion about its last disasters. An amendment proposed by Lega Nord to the rules of Fondo …

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Jul 17

Policy making or rigging up?

Another ingenious idea of the ‘professorial Government’ of Italy: people should work more to raise the GDP! An upcoming cut of bank holidays is said to be the next panacea for the plagues of economy. The debate is on, while public debt signs another unprecedented level (1.933,303 bilions euro), the spread between Bunds and BTPs …

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Jul 17

Decline of the car market

A fall of 1.8 percent year-on-year of cars sold in western Europe in June is expected, economic forecaster IHS Global Insight said on Monday (Reuters). While the market falls, FIAT shrinks. The Italian car-maker is expected to continue the downward trend (-18,1% forecast, 16,5% market loss in the first semester of 2012), while Russian light-vehicle …

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