Is the Italian banking future based on UniCredit?

  BACKGROUND OF ITALY’S FINANCIAL SYSTEM It is public renowned that Italian banks have significantly higher percentage of NPLs (non-performing loan is a loan that is in default or close to being in default) in comparison to other banks in Europe. The fact of having this high rate of bad credits has led some banks to the brink of default, beginning last year […]

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Ancillary labour: The Italian problem solving

During the last two months, it seemed Italian political talk shows were refusing to go on air if they didn’t have at least a section focusing on INPS’s voucher, the instrument aimed at regulating ancillary work. Moreover, on January the 11th, the Italian Constitutional Court issued an admissibility judgement about a referendum to abolish this instrument, strengthening the […]

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Donald Trump, US Dollar and Emerging Markets

On November 8th, 2016, Donald Trump has been elected the 45th President of the United States of America. In his electoral program, the new White House tenant has promised economic stimuli to be implemented, among others, through: Fiscal program which provides a substantial tax cut (i.e. 35%) for the middle class; Public debt reduction; Deregulation […]

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