Tag #Italian Economy

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lemonde.fr

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Sep 25, 07:18

Gucci's New Designer, Demna, Debuts with Film, Not Runway Show

Facing a significant revenue drop, Gucci appointed Demna as its new designer, debuting his collection not with a traditional runway show but a short film, "The Tiger," shown at Milan Fashion Week.

Gucci's New Designer, Demna, Debuts with Film, Not Runway Show

Facing a significant revenue drop, Gucci appointed Demna as its new designer, debuting his collection not with a traditional runway show but a short film, "The Tiger," shown at Milan Fashion Week.

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How did Demna choose to present his first Gucci collection, and what was the overall strategy?

Demna opted for a short film, "The Tiger," directed by Spike Jonze and Halina Reijn, instead of a traditional runway show due to time constraints. This cinematic approach aimed to generate buzz and showcase the collection in a unique way, leveraging the star power of its cast (Demi Moore, Edward Norton, Elliot Page, etc.) and wider appeal beyond fashion circles.

repubblica.it

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Jul 25, 01:14

Death of Sergio Marchionne: Legacy of Rescuing Fiat and Creating Global Automaker

Sergio Marchionne, former CEO of Fiat Chrysler Automobiles, passed away; he rescued Fiat from bankruptcy, orchestrated its merger with Chrysler, and implemented significant restructuring and labor reforms, creating a global automotive giant but ultimately failing in attempts at further consolidation...

Death of Sergio Marchionne: Legacy of Rescuing Fiat and Creating Global Automaker

Sergio Marchionne, former CEO of Fiat Chrysler Automobiles, passed away; he rescued Fiat from bankruptcy, orchestrated its merger with Chrysler, and implemented significant restructuring and labor reforms, creating a global automotive giant but ultimately failing in attempts at further consolidation...

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What were the most significant achievements and failures of Sergio Marchionne's tenure as CEO of FCA?

Sergio Marchionne, former CEO of Fiat Chrysler Automobiles (FCA), passed away. He successfully rescued Fiat from near bankruptcy and orchestrated its merger with Chrysler, creating a global automotive powerhouse. His leadership involved significant restructuring and labor negotiations, impacting thousands of employees.

repubblica.it

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Jul 22, 13:12

Hera Acquires Ambiente Energia, Expands in Northeast Italy

Hera Group completed its acquisition of Ambiente Energia, an industrial liquid waste treatment company, on July 27th, expanding its operations in Northeast Italy and aligning with its 2028 industrial plan; concurrently, Piazza Affari experienced a 13.6% capitalization increase in the first half of 2...

Hera Acquires Ambiente Energia, Expands in Northeast Italy

Hera Group completed its acquisition of Ambiente Energia, an industrial liquid waste treatment company, on July 27th, expanding its operations in Northeast Italy and aligning with its 2028 industrial plan; concurrently, Piazza Affari experienced a 13.6% capitalization increase in the first half of 2...

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Industry, Innovation, and Infrastructure

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What are the immediate implications of Hera's acquisition of Ambiente Energia for the waste management sector in Northeast Italy?

Hera Group finalized the acquisition of Ambiente Energia, a company specializing in industrial liquid waste treatment, expanding its presence in Northeast Italy. This acquisition, completed on July 27th, aligns with Hera's 2028 industrial plan, focusing on waste treatment and recovery.

genova.repubblica.it

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Jul 18, 07:14

Orlando Criticizes Italy's Industrial Policies, Questions Ilva Plan

Andrea Orlando, former Italian Minister of Labor, criticizes the government's industrial policies, citing rising energy costs and lack of planning, highlighting the precarious state of key industrial sectors and questioning the feasibility of the Ilva steel plant relaunch plan.

Orlando Criticizes Italy's Industrial Policies, Questions Ilva Plan

Andrea Orlando, former Italian Minister of Labor, criticizes the government's industrial policies, citing rising energy costs and lack of planning, highlighting the precarious state of key industrial sectors and questioning the feasibility of the Ilva steel plant relaunch plan.

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What are the most significant consequences of Italy's current industrial policies, as highlighted by Andrea Orlando's assessment?

Three years after leaving his post, Andrea Orlando, a former Italian Minister of Labor, criticizes the government's handling of industrial policy, citing rising energy costs and a lack of effective planning. He highlights the precarious situations of the automotive, chemical, construction, and steel sectors, emphasizing the need for immediate intervention and new industrial policies.

repubblica.it

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Jul 5, 04:10

Fiat Launches Hybrid 500 Production in Turin, Boosting Local Economy

Fiat's hybrid 500, starting production in Turin's Mirafiori plant in November 2024 with deliveries in December, aims to reduce temporary layoffs, involve 145 Italian suppliers (70 from Piedmont), and boost the local economy, with future electric versions planned for 2027 and 2030.

Fiat Launches Hybrid 500 Production in Turin, Boosting Local Economy

Fiat's hybrid 500, starting production in Turin's Mirafiori plant in November 2024 with deliveries in December, aims to reduce temporary layoffs, involve 145 Italian suppliers (70 from Piedmont), and boost the local economy, with future electric versions planned for 2027 and 2030.

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What is the immediate impact of the hybrid 500's production launch in Turin?

Fiat's CEO, Olivier François, announced the start of production of the hybrid 500 in Mirafiori, Turin, a key part of the Italia Plan. This is expected to reduce temporary layoffs at the plant and create a significant impact on the supply chain, involving 145 Italian suppliers. The first deliveries are scheduled for December, with a starting price of €17,000.

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Jun 7, 13:13

Italy's 2025 Tax Freedom Day: June 6th

Italy's 2025 tax freedom day falls on June 6th, signifying that the average citizen works 156 days to cover tax obligations; this is based on a projected GDP of €2,256 billion and €962.2 billion in tax revenue, according to the Cgia research office.

Italy's 2025 Tax Freedom Day: June 6th

Italy's 2025 tax freedom day falls on June 6th, signifying that the average citizen works 156 days to cover tax obligations; this is based on a projected GDP of €2,256 billion and €962.2 billion in tax revenue, according to the Cgia research office.

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Reduced Inequality

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How has Italy's tax pressure changed over the last 30 years, and what factors contribute to this change?

The Cgia's calculation highlights the significant tax burden on Italians. Comparing this to previous years shows a 2005 low of 38.9% tax pressure, compared to a projected 42.7% for 2025. This increase, however, isn't solely due to higher taxes but also to economic legislative changes.

lexpress.fr

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Sep 17, 19:15

Italy's Economic Success Under Meloni: A Balanced Assessment

Despite a brief period of market uncertainty following a no-confidence vote in September 2023, Italy's economy has shown remarkable improvement under Prime Minister Giorgia Meloni, marked by reduced public deficit, increased exports, and a decrease in unemployment, although challenges remain, includ...

Italy's Economic Success Under Meloni: A Balanced Assessment

Despite a brief period of market uncertainty following a no-confidence vote in September 2023, Italy's economy has shown remarkable improvement under Prime Minister Giorgia Meloni, marked by reduced public deficit, increased exports, and a decrease in unemployment, although challenges remain, includ...

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What are the potential long-term challenges and limitations to Italy's current economic progress?

While the deficit has fallen, Italy's public debt remains high at 135.3% of GDP in 2024, representing a significant vulnerability. Furthermore, despite the economic recovery, growth has slowed since late 2022, and a large portion of EU recovery funds remain unspent, highlighting potential inefficiencies in investment deployment.

roma.repubblica.it

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Jul 25, 22:12

Italian Conference Analyzes Digital Transformation's Impact on Businesses

A conference in Italy assessed the impact of digital transformation on businesses and public administration, revealing insights into adoption rates, challenges, and the need for improved digital literacy.

Italian Conference Analyzes Digital Transformation's Impact on Businesses

A conference in Italy assessed the impact of digital transformation on businesses and public administration, revealing insights into adoption rates, challenges, and the need for improved digital literacy.

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What were the key findings of the study on digital transformation's impact on Italian businesses and public administration?

A conference in Italy analyzed the impact of digital transformation on businesses, highlighting benefits, challenges, and unmet needs. The study, by the Guglielmo Tagliacarne Study Center, focused on businesses' understanding and adoption of digital processes, particularly their interactions with public administration.

finanza.repubblica.it

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Jul 21, 22:12

Italy Fears $40 Billion Export Loss in US-EU Tariff Dispute

Italy actively supports EU efforts to avoid a trade war with the US by August 1st, fearing a potential €38 billion drop (58% of US sales) in Italian exports, negatively impacting the Italian GDP.

Italy Fears $40 Billion Export Loss in US-EU Tariff Dispute

Italy actively supports EU efforts to avoid a trade war with the US by August 1st, fearing a potential €38 billion drop (58% of US sales) in Italian exports, negatively impacting the Italian GDP.

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What are the potential economic consequences for Italy if the US-EU tariff negotiations fail by August 1st?

The EU and US are negotiating to avoid imposing tariffs by August 1st. Italy's foreign minister, Antonio Tajani, supports the EU's efforts for a fair agreement, emphasizing that a trade war would be devastating for both continents. The Italian government is actively involved in supporting export growth, particularly focusing on markets in Asia, Africa, and Latin America.

bari.repubblica.it

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Jul 6, 22:11

Puglia's Economy Slowdown Amidst Global Uncertainty

At a recent forum, Emanuele di Palma, President of BCC San Marzano, highlighted that global uncertainties, tariffs, and geopolitical conflicts are negatively impacting Puglia's economy, marked by weak domestic demand and decreased exports in key sectors, particularly those trading with the US. Famil...

Puglia's Economy Slowdown Amidst Global Uncertainty

At a recent forum, Emanuele di Palma, President of BCC San Marzano, highlighted that global uncertainties, tariffs, and geopolitical conflicts are negatively impacting Puglia's economy, marked by weak domestic demand and decreased exports in key sectors, particularly those trading with the US. Famil...

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What are the most significant immediate economic consequences of global uncertainty on the regional economy of Puglia, Italy?

International tensions directly impact the real economy, weakening investor confidence and slowing investments," says Emanuele di Palma, President of BCC San Marzano, highlighting that the Bank of Italy describes this as 'expansion without intensity'. This impacts Puglia, with 0.5% GDP growth in 2024, below the national average and Southern Italy.

repubblica.it

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Jun 7, 13:13

Italian Food Consumption Stagnates Amid Inflation and Declining Real Wages

In 2024, Italian out-of-home food spending reached €85 billion, below pre-inflation levels, while total food spending reached €234 billion (€150 billion at home). This stagnation reflects a unique decrease in real wages since 2000, contrasting with OECD trends, and disproportionately affects lower-i...

Italian Food Consumption Stagnates Amid Inflation and Declining Real Wages

In 2024, Italian out-of-home food spending reached €85 billion, below pre-inflation levels, while total food spending reached €234 billion (€150 billion at home). This stagnation reflects a unique decrease in real wages since 2000, contrasting with OECD trends, and disproportionately affects lower-i...

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What is the primary cause for the stagnation of food consumption in Italy, and what are its immediate economic consequences?

In 2024, Italy's out-of-home food consumption reached €85 billion, below 2018 (€87 billion) and 2019 (€88 billion) levels. This is due to inflation impacting consumer spending, resulting in total food consumption of €234 billion, with €150 billion for home consumption.

corriere.it

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May 30, 16:12

Italy's Economic Progress Amidst Demographic Decline and EU Investment Challenges

Italy's positive foreign economic position contrasts with the challenges of inflation, demographic decline (projected loss of 5 million working-age people by 2040), and the need for massive EU investment (800 billion euros annually until 2030) in digital, green, and defense transitions, prompting de...

Italy's Economic Progress Amidst Demographic Decline and EU Investment Challenges

Italy's positive foreign economic position contrasts with the challenges of inflation, demographic decline (projected loss of 5 million working-age people by 2040), and the need for massive EU investment (800 billion euros annually until 2030) in digital, green, and defense transitions, prompting de...

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How do the challenges of the Italian economy relate to broader European concerns about economic inequality and the effectiveness of EU policies?

Italy's economic progress is interwoven with broader European and global challenges. The need for substantial investment in digital, green, and defense transitions (800 billion euros annually until 2030) highlights the limitations of national budgets and the urgency for a common European debt-based approach. This is crucial because relying solely on national funds risks increasing inequalities between member states.

Showing 1 to 12 of 54 results