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ROME , 2013-06-15 - Italy's cabinet has approved emergency measures aimed at boosting growth , relieving pressure on struggling Italians. The measures will include reducing bills , red tape , increasing credit for businesses. "There are many measures in the 'To Do' law," said Prime Minister Mario Monti at a press conference, referring to the name given to the new decree which i...
ROME , 2013-06-15 (BSS/Xinhua) -- A rapid improvement in the labor Industry to return Europe's stumbling economy to growth was at the center of a summit on jobs held in Rome yesterday by economic , labor ministers from Italy , France , Germany , Spain . The summit was especially focused on new financing channels for small , medium- sized companies (SMEs), a backbone of the e...
June 14 -- ROME -- Italy's public debt reached a new high of 2.0413 trillion euros in April, an increase of 6.5 billion euros from March, , 88.3 billion euros from April last year, the central bank said on Friday. The April increase in Italy's massive public debt load owed principally to a 0.5 billion euro rise in the cost of the public Market in the 1st 4 months of the ye...
ROME , 2013-06-14 (Xinhua) -- A rapid improvement in the labor Industry to return Europe's stumbling economy to growth was at the center of a summit on jobs held in Rome on Friday by economic , labor ministers from Italy , France , Germany , Spain . The summit was especially focused on new financing channels for small , medium-sized companies (SMEs), a backbone of the Euros...
Rome (dpa) - Economy , Labour ministers from the eurozone's 4-biggest regions were meeting in Rome Friday to find common ground on fighting youth unemployment, 2 weeks before a European Union summit focusing on the issue. Jobless rates for those aged under 25 stand at nearly 25 per cent in the euro region, rising above 55 per cent in Greece , Spain , hovering around 40 per c...
| ROME , June 14 (KUNA) -- Italy's general debt swelled by over 50 billion euros in the 1st 4 months this year despite growing income, Bankitalia said Friday. It added in a statement the region's debts skyrocketed by 52.6 billion euros to reach 2.41 trillion euros by Ap...
2013-06-12 -- ROME -- The average Italian household's spending power has shrunk by 3,400 euros since the financial crisis began in 2008 , it will take 20 years to return to pre-crisis level of growth, a study said on Wednesday. Low productivity, high taxation , inflation running above the European a...
By a News Reporter-Staff News Editor at Investment Weekly News -- A new study on Income , Wealth is now available. as reported by news reporting originating in Novara, Italy , by VerticalNews journalists, research stated, "The objective of this paper is to propose , apply a new method to evaluate the distributional impact of fiscal policies , potential marginal reforms." The news re...
ROME , 2013-06-12 (Xinhua) -- Italy's largest confederation of enterprises Confcommercio said on Wednesday that the region's spending power will take more than 20 years to return to the growth levels seen prior to the start of the global economic crisis. as reported by a study of the confederation, because of the crisis "every Italian family has experienced, on average, a reduction o...
Tehran : The IRIB has issued following news: Italy?s Prime Minister Enrico Letta has apologized to unemployed Italian young people who must leave the debt-stricken region to find jobs, after the nation?s unemployment rate reached its highest level in at least 36 years. The 46-year-old Letta made the apology in a letter published...
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