Tag: Italy

Oct 02

Italy’s world records -#4

Corruption costs Italy €50-60 billion in terms of GDP loss per year. That’s around €600 billion not spent on services in Italy in the last 10 years, Libera NGO reports. 12% of Italians have been asked for bribes in 2012, with financial outflows around €10 billion decreasing productivity by 6%. The reports bursts into the …

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Sep 28

Quinto Conto Energia

Il DM 5 luglio 2012, pubblicato sulla Gazzetta Ufficiale n. 159 del 10 luglio 2012, cosiddetto Quinto Conto Energia, ridefinisce le modalità di incentivazione per la produzione di energia elettrica da fonte fotovoltaica. Le modalità di incentivazione previste dal Quinto Conto Energia si applicano a partire dal 27 agosto 2012 e cessano decorsi 30 giorni …

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Sep 28

Italy: funding

SMEs operating in agriculture, agro-food, fishery and aquaculture sectors can apply for funding from the ‘Fondo di investimento nel capitale di rischio delle imprese agricole e alimentari’. The application should be sent to: Ismea Investimenti per lo Sviluppo srl, Via Lancisi 29. 00161 Roma. Complete information here. Italy’s Ministry of Foreign Affairs opens the call …

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Sep 23

Goldman Sachs’ outlook on Italian politics

Goldman Sachs’ last report on the Italian politics and future elections suggests how to get a second mandate for Mario Monti, its former consultant in charge of Prime Minister (through the famous revolving doors, the article tells) by changing the electoral law, MF anticipates. The strategy is the following. “The reform of the electoral law: …

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Sep 21

The future of FIAT and the past of State aids

A prophecy in 2004, from a friend to Curzio Maltese about Mr. Marchionne the freshly appointed CEO at FIAT, said: “this is the man who will destroy the automotive industry in Italy”. The prophecy comes true, but most of policy makers and journalists show great surprise after years of lauds. 7.6 billion euro State aids …

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Sep 19

Emilia Romagna to get record aid from EU Solidarity Fund after two hearthquakes in May

It is the biggest EU aid allocation since the Fund was set up in 2002, and will “help this highly productive region get back on its feet,” said on  Wednesday Johannes Hahn, EC Commissioner for Regional Policy to ANSA. The EU Solidarity Fund grants aid of up to 1bn euro a year to EU member …

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Sep 13

New bid for the Alcoa’s plant in Sardinia

KiteGen Research, an Italian company specialising in troposhperic wind generators has presented a bid to the Italian Government to acquire the plant being dismissed by Alcoa in Sardinia (the largest energy consumer in Italy). Their plan would partially convert the production and obtain 100% of the required energy for the operations from tropospheric wind, with …

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