Could an entire town go bust?
Don’t put all your eggs into one basket
Pomigliano d’Arco is a town of about 40,000 inhabitants in Italy. It lies northeast of Naples and quite near to Mount Vesuvius, once the scene of some real fall-out. The town basically has one industry – automobiles. And it also has only one [...]
Earthquake in Italy, other disasters, recession– keep hanging on
An earthquake in Italy
I turned on the TV a few minutes ago to see what was happening in the world. Earthquake in Italy! That hit me right in the belly. I know Italy; I have been to Italy many times. I love the Italians and their pasta and their Chianti. [...]
Italy decides to fight “la recessione”
A bridge to Sicily should provide plenty of Italian stimuli
The Italian Prime Minister, Silvio Berlusconi urged Italians on Friday not to change their lifestyles during the economic crisis. He marked his words by setting aside funds to build a bridge to the island of Sicily.
An expensive project
The amount earmarked for [...]
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