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Italy Slips Back Into Recession


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http://uk.mobile.reuters.com/article/idUKKBN0G60UR20140806?irpc=932

The lastest fugures show Italian GDP shrank 0.2% in the lastest quarter following a contraction of 0.1% the quarter before

2 consecutive quarters (6 months) of contraction is considered a recession no matter how small

Italian interest rates in debt rose on the news as Italian bonds became less attractive as a safe heaven

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Hey Economy, do you think the world would've been a better place if Napoleon had won the Napoleonic Wars?

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Valextra

Not news anymore for us of course.

The situation here is TRAGIC.

Our actual government is a mess, only taxes and taxes  :fail:

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Economy

Not news anymore for us of course.

The situation here is TRAGIC.

Our actual government is a mess, only taxes and taxes :fail:

people complain of taxes...

Yet almost everyone on GGD supports left winged parties that spend more and tax more :megaflop:

Hey Economy, do you think the world would've been a better place if Napoleon had won the Napoleonic Wars?

too many variables. Cant answer a question like that

I mean even if somethint good came out of it, theres no telling what things would of happened differently!

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Valextra

people complain of taxes...

Yet almost everyone on GGD supports left winged parties that spend more and tax more :megaflop:

 

:awkney:

Italy is the European Country with the most high taxes of all Europe, so yes, people complain of taxes here with the other things.

Obviously there are a lot of others factors, low salaries, low pensions, people don't spend money, ecc.

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Economy

:awkney:

Italy is the European Country with the most high taxes of all Europe, so yes, people complain of taxes here with the other things.

Obviously there are a lot of others factors, low salaries, low pensions, people don't spend money, ecc.

im pretty sure the Scandinavian Countries tax more than Italy :awkney:

Exept they are doing well, especially Norway so its not as bad

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Valextra

im pretty sure the Scandinavian Countries tax more than Italy :awkney:

Exept they are doing well, especially Norway so its not as bad

 

Sorry but this kind of replies from you, and it's not the first time with me, show how much less do you really know about Economy in general.

 

First:

tumblr_mdk4alfMI21qltqg1.gif

 

Post a receipt.

'Pretty sure' it's not an objective date when it comes about economy, math is not an opinion. 

 

Plus you can't compare their taxes with ours, since their salaries and quality of life are more high than ours, and the taxes in those countries are used in a better way to keep their life's quality high, this is why those countries are well.

 

Second and MOST IMPORTANT, Norway and Scandinavian Countries they're not in Eurozone with Euro money.

So this is change totally the things a lot when it comes about EURO Taxes, an 'Expert' of economy should know certain things.

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Economy

Sorry but this kind of replies from you, and it's not the first time with me, show how much less do you really know about Economy in general.

 

First:

tumblr_mdk4alfMI21qltqg1.gif

 

Post a receipt.

'Pretty sure' it's not an objective date when it comes about economy, math is not an opinion. 

 

Plus you can't compare their taxes with ours, since their salaries and quality of life are more high than ours, and the taxes in those countries are used in a better way to keep their life's quality high, this is why those countries are well.

 

Second and MOST IMPORTANT, Norway and Scandinavian Countries they're not in Eurozone with Euro money.

So this is change totally the things a lot when it comes about EURO Taxes, an 'Expert' of economy should know certain things.

well you said "Europe" not Eurozone. Theres a difference. You could of been talking about the entire continent to emphasize how heavily Italy taxes its citizens.

 

Secondly, yes their quality of life may be higher but that doesnt change the point that Italy isnt the heaviest taxer

 

thirdly, you want receipts, here: http://financesonline.com/top-ten-countries-with-highest-tax-rates/ http://www.therichest.com/business/the-top-ten-countries-with-the-highest-tax-rates/ http://www.forbes.com/sites/investopedia/2011/12/01/countries-with-the-highest-and-lowest-taxes/

 

Theres 3 receipts right there. The first two rank it almost exactly the same. And the thirst site looks at more details the other two dont, it takes a different angle view at it

 

Either way, search up more sites if you want. When it comes to Countries with highest tax burdens, Italy is not amnong the very top even in Europe

 

If your trying to respond to difficulty of paying relative to peoples ability due to economic conditions, then you should have specified that from the beggining. But then looking at it from that point of view, those in Greece may disagree that in Italy you have it worse!

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