Word: crisis
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Italy is burdened by public debt, 6.4% inflation and 10.2% unemployment. The great Italian trade names -- Olivetti, Pirelli, Fiat -- are struggling. For most citizens the implications of this recession are only beginning to sink in, but labor leaders say the crisi will soon hit the whole white-collar sector. Yet the country's planners look abroad for succor. "Everything depends on what happens in the U.S.," says Tancredi Bianchi, president of the Italian Banking Association. Confindustria, the employers' federation, is also hoping that "the symptoms of recovery are confirmed...
...more alarmed level than at any other time since the kidnap-murder of Politician Aldo Moro nearly two years ago. Last week public morale received a further blow when the minority Christian Democratic government of Premier Francesco Cossiga collapsed and plunged the country into what Rome politicians call a crisi al buio: a crisis in the dark. It was the 38th government to fall in the past 35 years...
...From Crisi to Polictical issue
...years old, managed to survive each crisi without alienating students while maintaining a considerable measure of harmony among the 60-odd members of the highly critical, somewhat crusty Law Faculty...
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