Tag: Italy

Jun 23

Self-fulfilling prophecies

Italy seizing up in a Mediobanca Security report to its customers, uncovered by ilfattoquotidiano.it.   Mediobanca Securities report from ilfattoquotidiano The Country is also in the “blacklist” of European peripheral States —Greece, Spain, Portugal and Italy—  where Constitutions with “a strong socialist influence” might put them at the center of the debt crisis, a J. …

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Mar 24

Poverty nearly doubled in Italy, 2006-2013

615 new poor persons a day from 2006 to 2013, Confcommercio calculated. 2.5 million “absolute poors” in 2006 grew to 4 million in January 2013, as indicated by the new Misery Index presented Friday, 22 by Confcommercio  in Cernobbio. Income of 90% of Italian workers is below 35.600 euro, 28.000 people only earn more than …

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Mar 03

50% of Italian SMEs finds difficult to pay wages

Peak of defaults around 95 billion euro in 2012 in Italy, with 50% of SMEs unable to pay its workers’ wages on time, CGIA Mestre reports in its analysis of the Italian economy. The net pay of the Italian workers, around 10 euro on average, is below the norm for Eurozone, ISTAT says.

Mar 03

Finance ‘votes’ for Grillo and Berlusconi

A pre-electoral report by Mediobanca Securities forecasted the incredible results of Mr Grillo and Mr Berlusconi in the Italian vote of 24-25 February 2013, and indicated it as the best scenario for financial operators worldwide (read the scoop by Il Sole 24 Ore on 18th February 2013). “Paradoxically, the worst case scenario could actually become …

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Jan 22

Is Mr Monti right for Italy?

The Italian Premier has been defined as “ineffective” by Financial Times, yesterday, and replies today. He may remember when the international press (The Economist) defined Berlusconi as “unfit” to rule Italy with different motivations and the same fate in the attempt to introduce laissez-faire economics in Italy.  

Jan 18

Quake in L’Aquila: science is not being put on trial

Marco Billi, the senior judge in the trial against the scientists who had to manage the seismic risk in L’Aquila, has released today the 950-page explanation for the jail sentences give nto the scientists. It confirms that science was not put on trial and the behaviour of the scientists is actually their fault, as “it …

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Oct 24

What science is about

Great concern in the world about the conviction of members from the Italian Committee for High Risks, as in the conclusions of the trial yesterday, in L’Aquila, Abruzzo, Italy. “Scientist are horrified”, Euronews reports citing The Union of Concerned Scientists (although there is no clue of that in their website.) But the allegations charged to …

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