The chances of implementing the reform plan successfully are now “greater than on previous occasions,” according to the latest OECD assessment of Italy, reflecting the fact that the EU money is conditional on achieving targets - creating unprecedented incentives and a stronger political consensus to complete key reforms. Italy’s Resilience and Recovery Plan, which pairs funds from the EU with structural reforms, “has the potential to put its economy on a higher growth trajectory, therefore resulting in a much better environment for foreign investors,” says Nicola Nobile, an economist at forecasting company Oxford Economics.
Part of a network of sites that includes GlobalFirepower, a data-driven property used in ranking the top military powers of the world,, the World Directory of Modern Military Aircraft, and, detailing the history of the world's most iconic spyplane.She says foreign investment in Italy has been low because the country’s civil justice system is inefficient, there is too much red tape, and the fiscal situation is unattractive - contributing to a poor reputation overall.Īll of these problems are now being addressed under the recovery plan and with the leadership of Mario Draghi, the former president of the European Central Bank. Please direct all other inquiries to militaryfactory AT. We do not sell any of the items showcased on this site.
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