Considered the most dynamic and prosperous area in the past 30 years, the pessimism in the northeast is deeply conservative. The chief economist of the daily La Republica, Giuseppe Turani, made a trip and its findings are "probably the beginning of 2009 will be a nightmare for businesses." Interestingly as shown lavoz.com.ar. is that the reasons for the fall, said Istat, is the drop in exports (-1.6%), investment (-1.9%), especially in machinery (-3.5%) and transport (-2.2%) and lesser extent, the final consumption of households and enterprises (-0.1%). July Alganaraz notes that for several months Italy has put the "black shirts" among the major economies of the European Union, which has led in the last quarter of the recession. According to the IMF, the peninsula can end the year with a minus 0.1% of economic activity.
For next year, the recession would be expanded to 0.2%, although many local analysts believe that the global financial crisis may worsen significantly the Italian situation. In addition, Italy has the highest volume of domestic public debt, which exceeds one hundred per cent of GDP. In Italy, continued deterioration in income and living conditions of the weaker sections of society. A growing number of precarious workers, many retirees have until problems Food and millions of families with serious problems to make ends meet.