Tag Archives: recovery

Fashion industry sees recovery in 2014

(ANSA) – Milan, December 12 – Italy’s fashion and textile firms expect a 2.1% gain in turnover in the first six months of next year, the Italy Fashion System (SMI) organisation said Thursday. Turnover fell 1.9% to 50.1 million euros … Continue reading

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OECD chief economist says Italy on track for recovery

(ANSA) – Paris, November 19 – OECD chief economist Carlo Padoan on Tuesday said the Italian government was doing the right things to encourage economic recovery, but that it could use prodding to do even more. Thanks to measures announced … Continue reading

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Letta sees recovery in reach as budget wrangles run on

(By Sandra Cordon) (ANSA) – Rome, November 13 – Premier Enrico Letta said Wednesday that he is confident Italy’s economy is pulling out of recession even as his government continued to shepherd its 2014 budget bill through Senate approvals.Letta, whose … Continue reading

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Bank of Italy sees recovery before end of year

(ANSA) – Rome, October 16 – The Bank of Italy said Wednesday that it can see the possibility of a “reversal of the trend” for the recession-ravaged Italian economy “by the end of the year”. The central bank added in … Continue reading

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