|
|
Article: Italy heads into the new year on a positive note.(economy)
- Article from:
- Market Europe
- Article date:
- January 1, 2006
CopyrightCOPYRIGHT 2006 Media Contact Resources, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
There is cautious optimism coming out of Italy these days in regard to the health of the country's economy. A December 22, 2005 Bloomberg News report said that, in fact, Italy emerged from recession in the second quarter of 2005. The same report said that it was likely official statistics would show December 2005 business confidence on the rise. If this is so, it would be the seventh month in a row that the country's businesses were positive about future prospects.
There is good news for Italy's consumers as well. A report by the Italian Banking Association (ABI) released through the Agenzia Gioranlistica Italia (AGI) news service, a service that among other ...