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Italy's Growth Plan
futureofcapitalism.com

From a news article in Bloomberg:

Berlusconi presented his resignation last night to President Giorgio Napolitano after the Parliament in Rome approved measures to spur growth and reduce the euro-area's second-biggest debt....His economic policy will initially focus on cutting debt, before seeking to revive expansion in an economy where growth has lagged behind the euro-region average for more than a decade, la Repubblica reported today, without saying where it got the information....Monti is considering resurrecting a property tax on first homes that was abolished by Berlusconi, introducing a wealth tax and speeding up asset sales, the newspaper said. He will follow with an overhaul of labor-market laws that could make it easier for companies to fire workers...He's been an international adviser to Goldman Sachs Group Inc. for six years.

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Italy's Growth Plan
futureofcapitalism.com

From a news article in Bloomberg:

Berlusconi presented his resignation last night to President Giorgio Napolitano after the Parliament in Rome approved measures to spur growth and reduce the euro-area's second-biggest debt....His economic policy will initially focus on cutting debt, before seeking to revive expansion in an economy where growth has lagged behind the euro-region average for more than a decade, la Repubblica reported today, without saying where it got the information....Monti is considering resurrecting a property tax on first homes that was abolished by Berlusconi, introducing a wealth tax and speeding up asset sales, the newspaper said. He will follow with an overhaul of labor-market laws that could make it easier for companies to fire workers...He's been an international adviser to Goldman Sachs Group Inc. for six years.

Read More...


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Andrew Davis

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