While the political puppet show is offering some obscene performances, the economical and finical side of the system is giving signs of serious collapse.
Since the beginning of 2013, 10,105 companies were added to the Business Register in Switzerland.
Bad news for workers and pensioners.
This afternoon it has been called an official interview in front of Italian Parliament in order to discuss the reasons that have brought the government to the decision of sending Mr La Torre and Mr Girone – the Italian marines … Continue reading
And here we are Full Monti. 12 months of Bocconi Style, former government to blame, bad horoscopes and so on ….”everything excluding bad technicians government (wives financed by Finmeccanica included ). Letting technocrats run Europe is bad politics and bad … Continue reading
EPP caucus leader Daul backs Monti as premier and confirms criticism of Berlusconi. (ANSA) – Strasburg, January 15 – Joseph Daul, caucus leader of the centre-right European People’s Party (EPP) in the European Parliament on Tuesday gave his official backing … Continue reading
Italy may be rich in cultural heritage and boast the seventh largest economy in the world, but the country’s social statistics are more in line with those of a developing third-world nation. By almost every standard of measure in sectors … Continue reading
Finally it’s official: Monti will lead the centrist coalition in upcoming elections. The elections will happen on the 24th February 2013.
What can we say more, Istat Press Release needs no comment, ehm…. but (Istat) forgets just a small detail: Italian Consumers’ Trust is at the Minimum ever happened, yeah another shining result for Monti’s Governement.
The Government led by Mario Monti completes one year of life and it’s time for a balance. In the speech for the presentation of the Government to the parliament, on 17th November 2011, the Prime Minister said:”International investors keep almost … Continue reading
As predicted in our overnight summary piece titled, “Sentiment Shaken By Concerns Of Political Circus Returning To Italy” Europe appears set to be gripped by yet another political crisis, this time by the country that most forgot in 2012, with … Continue reading
Mario Monti could resign today after he lost majority in Senate this morning on the confidence vote about development decree.
Although structural reforms in Italy for a return to growth and budget reorganization” are well advanced”, the economic activity “should continue to contract in the short time” as a result of fiscal tightening, weakening of climate trust and credit crunch. … 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