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Italy is the tenth largest economy in the world, the fourth largest in Europe, and one of the main export countries worldwide. Italy's gross domestic product (GDP) amounts to over two trillion U.S ...
1. As of today, Sicily has to deal not only with a very serious pandemic that continues dramatically to reap victims dispensing disease and suffering but also with the most serious economic recession in its history, which has brought real GDP to the level of 1985 (-7.5 billion € of GDP in 2020).
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Thanks to regular growth in recent years, Sicily is the eighth largest regional economy of Italy in terms of total GDP (see List of Italian regions by GDP). A series of reforms and investments in agriculture, such as the introduction of modern irrigation systems, has made this important industry competitive. [111]
Income and purchasing power. The average monthly income in Italy is 3,183 US Dollar per capita. In the USA, the figure is 6,398 US Dollar. However, the prices of consumer goods are also around 28.9 percent lower than in the USA. If you compare income and price levels, the result is a more expensive life in Italy than in the United States.
Nov 26, 2020 · The entire fund has to be spent by the end of 2026. Sicily has in the past found it hard to devise projects suitable for EU funding and then spend the money it has been given. In any event, a ...
Jun 15, 2015 · This in-depth analysis was written for a delegation from the Committee on Regional Development visiting Sicily. The analysis provides an overview of the region of Sicily, its political, economic and administrative system, and of the Operational Programme for the period of 2014-2020.
Nov 16, 2020 · Add to myFT. ‘There is no money left’: southern Italy’s poor pummelled by Covid. Pandemic’s economic impact is ‘a catastrophe’ for people already in precarious situation. People queue for free food...
