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How the results of the Italian elections could affect the markets

The forum, organized by NIAF, the National Italian American Foundation that promotes Italian American culture and Heritage, focused on the hottest topic concerning Italian politics. Uncertainty.

How the results of the Italian elections could affect the markets

Nathania Zevi

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"What the unprecedented results of last Italian general election mean to Italy, Europe and the world," this was the topic discussed last April 3, in New York at the New York Times Building (620 Eight Avenue), headquarter of the homonymous newspaper.

The forum, organized by NIAF, the National Italian American Foundation  that promotes Italian American culture and Heritage, focused on the hottest topic concerning Italian politics. Uncertainty.

The speakers who too part to the debate, proposing solutions and suggesting addresses were :  Carol. A Giacomo, Editorial Board Member of the New York Times;  Maurizio Molinari, New York Bureau Chief and correspondent of La Stampa newspaper; and Fernando Napolitano, President and CEO of the "Italian Business and Investment Initiative: Why Italy Matters to the World."

The meeting followed several others organized in the US by Fernando Napolitano and aimed at promoting the best of Italian entrepreneurial know how in the United States.

"Such occasions," said Napolitano" give the chance to show foreign investors the solidity of the Italian industry and the business opportunities are available despite the transition moment Italy is going through."

"Despite the crisis," Napolitano added, "Italy is still the eighth largest economy in the world, and the third  largest in the Eurozone and people as well as other countries need to remember and consider this. On the other hand Italy has to put together a government able to pursue the painful changes to the economy that the market and the ECB demand."

"Italy is a mature democracy with its specific procedures that must be explained to our economic partners in order to  avoid  misleading picturing and information", IB&II ceo underlined.

 

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