italy jobless at new record high in headache for renzi
Last Updated : GMT 06:49:16
Arab Today, arab today
Arab Today, arab today
Last Updated : GMT 06:49:16
Arab Today, arab today

Italy jobless at new record high in headache for Renzi

Arab Today, arab today

Arab Today, arab today Italy jobless at new record high in headache for Renzi

Italian Prime Minister Matteo Renzi
Milan - AFP

Italy's unemployment rate hit a new record high in November, increasing pressure on Matteo Renzi as he struggles to implement reforms aimed at easing a downturn in the eurozone's third largest economy.
The jobless rate rose to 13.4 percent in November, up 0.2 percentage points from October, data from the national statistics institute (ISTAT) showed on Wednesday.
Youth unemployment also hit a record high, climbing to 43.9 percent, up 0.6 percentage points on a month earlier and 2.4 percentage points on a year.
The figures were just the latest bad news to hit Italy, which is battling to pull itself clear of the longest economic downturn since the Second World War.
Italy's relentless downturn is fuelling criticism of Prime Minister Matteo Renzi, whose efforts to rekindle growth have led to clashes with the unions.
He was accused on the weekend of trying to push through measures it was claimed could lead to the annulment of a former premier Silvio Berlusconi's 2012 tax fraud conviction.
Renzi later said the tax law reform would be put on hold until Berlusconi, 78, has finished serving his community sentence.
But suspicions lingered that the premier was looking to favour Berlusconi in the hope of securing the billionaire's support for future reforms.
The bill presented included a measure that would ease or scrap punishment for those convicted of tax crimes where the amount in question was only a small percentage of their total taxable income.
Critics fear such a measure could see Berlusconi return to the political scene in a bid to seek protection from his other legal woes, including charges that he bribed a senator to swap sides in parliament and paid off a pimp to give false testimony about prostitutes his parties.

 

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

italy jobless at new record high in headache for renzi italy jobless at new record high in headache for renzi

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

italy jobless at new record high in headache for renzi italy jobless at new record high in headache for renzi

 



GMT 09:51 2017 Sunday ,19 February

Belgium train derailment: One dead and many injured

GMT 23:10 2018 Sunday ,21 January

Air Arabia adds Izmir to Turkey network

GMT 12:42 2016 Wednesday ,10 August

Champs Leicester face renewed challenge

GMT 02:03 2018 Wednesday ,24 January

Masdar, DoT sign MoU

GMT 03:38 2017 Thursday ,28 December

says refs missed three late Durant fouls, one by LeBron

GMT 11:18 2017 Wednesday ,15 February

Reveals plan to get out of financial crisis

GMT 02:13 2017 Wednesday ,04 January

Aerial Attacks Kill 13 Daesh Militants in Iraq

GMT 01:39 2017 Wednesday ,11 January

Mauritanian President Partially Reshuffles Cabinet
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday