untitled design (1)

Learn Italian online

More Foreign Direct Investment for Italy

In an interview he gave to Italian newspaper, Il Corriere Della Sera, Reuters reports that the US Ambassador to Italy, David Thorne, intimated that if Mario Monti is allowed to reform Italy’s labor market, it is highly likely American companies will invest in Italy.

The key word is very much “if”.

Thorne also observed that if Italy’s employment laws change, this would make Italy a much more attractive investment prospect for other countries, not only the United States.

Greater investment would lead to more jobs, more jobs would mean more people earning money and spending it too.  To cut a long story short, if it happens, Italy’s economy would pick up.

think in italian logo dark bg 1

Stop reading, start speaking

Stop translating in your head and start speaking Italian for real with the only audio course that prompt you to speak.

The only minor fly in the ointment is that Mario Monti may not be allowed to reform Italy’s employment market owing to the incredible fear of change which Italy harbors.

Italy, though, does not do much to attract foreign direct investment, as my Foreign Direct Investment – Italy Not in Top 15 article from June 2010 clearly showed.  Sadly, the situation does not appear to have changed much, if at all since 2010.

Let’s hope Monti can move forwards.  If Ambassador Thorne’s prediction turns out to be right and there is no reason at all why it should not be, Italy will be heading, finally, in the direction it should be.

Fingers crossed!

Most Popular

One of Casamonti's Tuscan wines - L'Elogio

Discover the Best Italian Wines with these Wine Guides

Seeing as I like to try spread the word on the joys of Italian wines, I’ve been over to Amazon.com and Amazon.co.uk to find a selection of books on Italian wine which are bestsellers.

Tracking down books on Italian wine was not that easy and entailed having to wade through a long list of results which contained books on Italian cooking, pizza, ice cream and various other Italian subjects. Still, after trawling thought the lists, I’ve come up with two top ten lists of books on Italian wine.

To PEC or Not To PEC

Although I may sound from the title of this post that I’m about to talk about birds, this is not the case, no. PEC stands for ‘Posta Elettronica Certificata’, which is the Italian for ‘certified electronic mail’.

Categories

Related Posts

Too Much Power?

Italy decided to put battle dress clad troops on its streets to help maintain law and order just before the summer this year.

Aside from a few soldiers hovering around Milan’s central station, I had yet to see much evidence of the military on the streets here in Milan, until recently.

Berlusconi

More WikiLeaks Woes for Berlusconi

It has been reported that Silvio Berlusconi’s name crops up in 652 of the latest batch of officially secret documents revealed by WikiLeaks in what has come to be known as ‘CableGate’.

The 62 texts released so far which mention Berlusconi have tended to shed negative light on Italy’s beleaguered leader, who is fighting for his political life in Italy at this very moment.