Italy
is experiencing a real deindustrialisation, with an industrial
production index that has fallen 20 percentage points since 2007,
according to a report on the competitiveness of the EU that will be
presented tomorrow in Brussels.
The competitiveness of Italy's labour costs has eroded significantly over the past 10 years, as well as its productivity has worsened from 2007 to 2012 along with that of France, Finland and Luxembourg. Improvements in Spain mean that it has passed to the 'more virtuous' group of EU countries.
Source and full piece (in Italian): ANSA, 24 September 2013
The competitiveness of Italy's labour costs has eroded significantly over the past 10 years, as well as its productivity has worsened from 2007 to 2012 along with that of France, Finland and Luxembourg. Improvements in Spain mean that it has passed to the 'more virtuous' group of EU countries.
Source and full piece (in Italian): ANSA, 24 September 2013
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