#Italy: Still growing in the EU downturn. Lorenzo Fiori, Ansaldo Foundation
The John Batchelor Show
John Batchelor
4.5 • 2.8K Ratings
🗓️ 2 December 2023
⏱️ 9 minutes
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Summary
#Italy: Still growing in the EU downturn. Lorenzo Fiori, Ansaldo Foundation
https://www.bloomberg.com/news/articles/2023-12-01/italy-s-gdp-rose-in-third-quarter-after-all-on-consumer-spending
1897
Transcript
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| 0:00.0 | Ola, imagine you're in Spain, and you've just poured a refreshing Strya Galicia, |
| 0:05.6 | Cervesa. You hear the bubbles in the glass calling out. |
| 0:08.6 | In the Penlyown and brooding Galutia since 1906, 100% authentic. But not all Spanish beers are what |
| 0:18.8 | they seem, a bit like me. I'm not Carlos from Acrouna. I'm Charles from Cambridge. Estreia Galicia. |
| 0:27.0 | Spanish. Not Spanish. This is CVSI in the world. |
| 0:35.0 | I'm John Bachelor. |
| 0:36.0 | To Italy, Genoa, Lorenzo Fiore of the Insalda Foundation reporting the good news. |
| 0:41.0 | All of Europe is staggered sideways since the pandemic and the war in |
| 0:45.8 | Ukraine and now a war in Gaza and the growth has not been obvious anywhere. The |
| 0:51.8 | word of recession is used routinely high inflation, but |
| 0:55.0 | Italy has good news. Lorenzo, Italian economy did not go into recession, did not decline in the last quarter. It eked out, that's the lovely little |
| 1:07.7 | word saying just inch forward, but a forward is better than backward. How did |
| 1:12.1 | you do it? Good evening to you, Lorenzo. |
| 1:14.0 | Good evening to all the radio listeners. Well, let me tell you that in my |
| 1:19.9 | opinion there is in the Italian people more trust into the future. I don't know if this is the |
| 1:27.9 | effect of having the C. A government that is stable in terms of numbers because they have a large majority and they are doing their job. |
| 1:38.0 | Or whether there is, let's see the effect of a situation where Italy is not growing at the rate that is the same |
| 1:48.1 | as last year, but still growing. |
| 1:50.9 | And one good news that I heard just yesterday from the |
| 1:55.0 | Statistic of Statistic National Institute of Statistics is that we have reached |
| 2:02.0 | the peak of permanent employee of jobs that have a |
| 2:07.8 | contractor with the undefined term. So that is a good sign that there is a demand for jobs and I can tell you |
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