in the automotive, maritime, fashion and household appliances industries. Italy is also the largest market of luxury products in Europe (third worldwide). Italians love luxury, apparently. One should not forget that they like to accumulate it too - the private wealth in the country is one of the largest in the world! Also, the country is considered the most suitable for children, it is beneficial for pensioners, and quite comfortable for workers. In the time of inhumane capitalism, some of these happiness factors are more important than ordinary growth figures. Italy, despite the aging of the population and low birthrate, has a soft approach to immigrants, especially from Eastern Europe and North Africa, and does not have to worry much about the attractiveness of its economy to foreigners.
THE OTHER SIDE OF PROGRESS Still, Italy needs investments and growing economy. The Italian economy will not return to the level it was before the 2008 financial crisis until the middle of the next decade, the analysis conducted by the International Monetary Fund (IMF) has shown, citing "two lost decades". On the other hand, by 2025, the economies of other eurozone members will have recorded between 20 and 25 percent growth relative to 2008. The IMF is now expecting
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Focus
ITALY 2018
THE COUNTRY IS CONSIDERED THE MOST SUITABLE FOR CHILDREN, IT IS BENEFICIAL FOR PENSIONERS, AND QUITE COMFORTABLE FOR WORKERS
that the Italian economy, the third largest in the eurozone area, will grow by less than 1 percent this year, which is very close to zero, which, in turn, burdens investment prospects. But this only means that Italy is hungry for investments, so generating profit in other markets, including Croatian, is an imperative for a new impulse to the Italian economy, which, despite the difficulties, is seen as very robust and it doesn't take down other economies with it during bad times, like the American.
