Word: mezzogiorno
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...American bank (with one exception: the P.C.I, insists upon national planning). Like everyone else, Peggio wants better public administration, a more efficient tax system, better controls over public spending, an end to Italy's massive borrowing abroad, investment in labor-intensive industries as well as in the depressed Mezzogiorno, and a further crackdown on the flight of capital...
...trend ominous for other companies besides Fiat: in attempting to cope with Italy's social and economic problems, the government is burdening the private sector with more responsibilities than it can handle. Fiat has tried to help by building big new plants in the depressed southern Mezzogiorno and worker housing in its home city of Turin. Umberto Agnelli criticizes the unions for not taking these expenditures into account when pressing for wage increases to catch up with the cost of living, spiraling at the rate of 15.6% annually; but his greatest scorn is reserved for the government. "There...
...unhappy minorities: Switzerland's Jura separatists, Sweden's Lapps, Rumania's Transylvanian Hungarians, France's Bretons and Corsicans, Spain's Basques, and myriad ethnic groups of Italy-the German-and French-speaking pockets in the north and the Sicilians and Sardinians in the arid mezzogiorno (southland...
...European map begin to be redrawn along the lines that the regionalists envision? Some experimental steps have already been taken. The bulk of the loans granted to Italy by the Brussels-based European Investment Bank, whose funds come from the EEC countries, has been channeled into the Italian mezzogiorno-a model that might inspire other efforts at transnational cooperation. Still, there is little indication that Europe's central governments-a tribe unto themselves -are ready to yield significant power, whatever the case for a regional politics. They stick by not only De Gaulle, but also Otto von Bismarck...
...worst since 75,000 people were killed at the other end of tremor-prone Sicily 60 years ago. The toll: as many as 500 people dead, more than 1,000 injured and 80,000 left homeless over a 600-square-mile carpet of destruction in one of the Mezzogiorno's most backward regions...