Emma Marcegaglia News
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Confindustria, Italy’s employers’ association, named Mapei SpA Chief Executive Officer Giorgio Squinzi as its new president.
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Italy should use revenue it earns from a crackdown on tax evasion to cut the burden on those who do stick to the rules, a lobby for the nation’s employers said.
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Riccardo Coladarci, a firefighter in Rome for seven years, is trapped and says now it’s time for him to be saved. His temporary job contract doesn’t offer sick days or vacation and pays about 9,000 euros ($12,000) a year, barely enough to make ends meet in Italy.
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In a country that for almost a decade was led by a man who publicly referred to his passion for female conquests, Italy is now relying on three women to help overcome the European debt crisis.
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Italy’s jobless rate must start falling before planned changes in unemployment benefits are introduced, said Emma Marcegaglia, head of employers’ lobby Confindustria.
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The Italian government will push ahead this month with a plan to overhaul labor-market rules even if it fails to win the backing of unions and employers, Labor Minister Elsa Fornero said.
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The president of Confindustria , Italy’s biggest employers’ lobby, turned down an offer to become the country’s industry minister, the newspaper La Stampa reported, without saying where it got the information.
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Banks are hoarding the European Central Bank’s record 489 billion-euro ($625 billion) injection into the banking system, thwarting attempts by policy makers to avert a credit crunch in the region.
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When Prime Minister Silvio Berlusconi spotted Emma Marcegaglia , the head of Italy’s main business lobby , in an audience of top executives last month, he introduced her from the podium as a “good-looking chick.”
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Striking truckers and cab drivers disrupted traffic and commerce across Italy in protests against Prime Minister Mario Monti’s policies as he presents a plan to spur competition and growth to European Union allies today.
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