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| Government Type |
republic |
| Legal System |
based on civil law system; appeals treated as new trials; judicial review under certain conditions in Constitutional Court; has not accepted compulsory ICJ jurisdiction |
| Currency |
euro (EUR)
note: on 1 January 1999, the European Monetary Union introduced the euro as a common currency to be used by financial institutions of member countries; on 1 January 2002, the euro became the sole currency for everyday transactions within the member countries |
| Economic Overview |
Italy has a diversified industrial economy with roughly the same total and per capita output as France and the UK. This capitalistic economy remains divided into a developed industrial north, dominated by private companies, and a less developed agricultural south, with 20% unemployment. Most raw materials needed by industry and more than 75% of energy requirements are imported. Over the past decade, Italy has pursued a tight fiscal policy in order to meet the requirements of the Economic and Monetary Unions and has benefited from lower interest and inflation rates. The current government has enacted numerous short-term reforms aimed at improving competitiveness and long-term growth. Italy has moved slowly, however, on implementing needed structural reforms, such as lightening the high tax burden and overhauling Italy's rigid labor market and over-generous pension system, because of the current economic slowdown and opposition from labor unions. |
| Natural Resources |
mercury, potash, marble, sulfur, natural gas and crude oil reserves, fish, coal, arable land |
| Primary Industries |
tourism, machinery, iron and steel, chemicals, food processing, textiles, motor vehicles, clothing, footwear, ceramics |
| Agricultural Products |
fruits, vegetables, grapes, potatoes, sugar beets, soybeans, grain, olives; beef, dairy products; fish |
| Import Commodities |
engineering products, chemicals, transport equipment, energy products, minerals and nonferrous metals, textiles and clothing; food, beverages and tobacco |
| Export Commodities |
engineering products, textiles and clothing, production machinery, motor vehicles, transport equipment, chemicals; food, beverages and tobacco; minerals and nonferrous metals |
| Export Partners |
EU 53.8% (Germany 14.5%, France 12.2%, UK 6.7%, Spain 6.1%), US 9.7% (2000) |
| AIRPORTS of Italy |
| Bologna-G Marconi Airport |
The airport is situated 6km (3.7 miles) northeast of Bologna city centre |
Detals |
| Florence - Amerigo Vespucci Airport |
Florence 5km (3miles), Position 43°48´35"N, 011°12´14"E, Elevation 144m (472ft),16 Aircraft Stands |
Detals |
| Genoa Airport |
International, Genoa 7km (4miles) |
Detals |
| Milan - Orio Al Serio Airport |
International, Milan 45km (27miles), Position 45°40´06"N, 009°42´02"E, Elevation 237m (777ft),37 Aircraft Stands |
Detals |
| Milan-Malpensa Airport |
Milan 45km (27miles), Position 45°38´45"N, 008°43´25"E,33 Aircraft Stands |
Detals |
| Trieste - R Dei Legionari Airport |
International, Trieste 33km (20miles), Position 45°39´36"N, 013°28´20"E, Elevation 12m (39ft),9 Aircraft Stands |
Detals |
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