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Can He Finally Get Italy Motoring?; Italy's Economy
Oleh:
[s.n]
Jenis:
Article from Bulletin/Magazine
Dalam koleksi:
The Economist (http://search.proquest.com/) vol. 400 no. 8743 (Jul. 2011)
,
page 42.
Topik:
Economic Policy
;
Budgets
;
Political Behavior
Ketersediaan
Perpustakaan Pusat (Semanggi)
Nomor Panggil:
EE29.67
Non-tandon:
1 (dapat dipinjam: 0)
Tandon:
tidak ada
Lihat Detail Induk
Isi artikel
It is not often that a national parliament debates and approves a four-year economic and financial framework within a single working week. But by July 15th, when the Chamber of Deputies, Italy's lower house, voted through an austerity plan drawn up by Silvio Berlusconi's conservative government, the country's lawmakers had achieved just that. Their headlong rush showed that, notwithstanding the country's maddeningly slow public services and legal proceedings, Italians can move quickly when the need arises. Yet doubts remain about Italy's public finances. More than EUR 42 billion-worth of the new measures have been postponed until after 2013, when a general election is due, so much will depend on the next government. Still, the legislature's prompt response to a crisis that had begun to envelop the country (and to terrify euro-zone leaders) appears to have won Italy some breathing space. The big question for Italy is whether its moribund economy can start to look livelier, which in turn will depend in part on the effect of the new budget.
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