Retailing in Italy - New Market Report
In 2013 real GDP once again registered negative growth. The unemployment rate rose to 12.5%, with a 36% peak in the unemployed 15-24 year old demographic. Public debt rose to 130% of annual GDP while the taxation level reached 55%. Italy's structural problems, such as the slow pace of justice, political corruption and uncertainty, high labour cost, and inability to attract investment because of bureaucracy, remain unresolved. The turmoil on the international financial markets, tough policies...
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