Italian GDP is expected to contract 1% this year. (ANSA) – Florence, January 18 – Bank of Italy Governor Ignazio Visco said 2013 was going to be another ”difficult year” during a speech in Florence that was interrupted by protesting … Continue reading
Some of my students asked me which fact could show, in the most synthetic way, the decline of Italian economy in the last 10-15 years. The best “picture” of this decline is, in my opinion, the “italian GDP per capita … Continue reading
Unfortunately, the estimate presented in the recent post according to which, from the last half of the decade up to 2012, the tax revenue has raised in Italy by 124 billion while nominal GDP increased by only 128 billion, so … Continue reading
Whilst 100% of Italians thinks that at least 99% of Italians is getting worse from the stability law project, Minister of Economy Mr. Grilli stated last Tuesday during a parlamentary speech, as reported by Italian press agency ANSA: “99% of our tax … Continue reading