Subsequently, the government has adopted fairly stringent budgets, abandoned its inflationary wage indexation system, and started to scale back its generous social welfare programs, including pension and health care benefits. In November 1996 the lire rejoined the European monetary system, which it had left in September 1992 when under extreme pressure in currency markets. Italy faces the problem of restructuring its economy to meet Maastricht criteria for inclusion in the EMU, together with other problems of refurbishing a tottering communications system, curbing industrial pollution, and adjusting to new EU and global competitive forces.
All information is subject to change at any time.
Global Direct Corp. assumes no liability for the use of the database or activities of its franchisees. Global Direct is growing rapidly through interaction with our visitors from all over the world. Many of us have mother tongues other than English. Please help us to improve our use of the language by reporting any problems or spelling errors to Mr. Language . He's here to help.