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Welcome
to our Hotel Network!
Your non stop hotel reservation guide for Hotels in
Italy. We
searched multiple suppliers for the best Room Rate available. Often
GDS (Global Distribution System) suppliers have different room rates, due
to the fact that they individually buy blocks of rooms from hotel chains.
Check
first our Last Minute &
Hot Deals where we put a Monthly update of all known LAST MINUTES! of
all Hotel Reservation Suppliers. This to get & let you informed about
all known Discounted deals in Europe!
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Italy became a nation-state in 1861 when the city-states of the peninsula,
along with Sardinia and Sicily, were united under King Victor EMMANUEL. An
era of parliamentary government came to a close in the early 1920s when
Benito MUSSOLINI established a Fascist dictatorship. His disastrous alliance
with Nazi Germany led to Italy's defeat in World War II. A democratic
republic replaced the monarchy in 1946 and economic revival followed. Italy
was a charter member of NATO and the European Economic Community (EEC). It
has been at the forefront of European economic and political unification,
joining the European Monetary Union in 1999. Persistent problems include
illegal immigration, the ravages of organized crime, corruption, high
unemployment, and the low incomes and technical standards of southern Italy
compared with the prosperous north.
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. Italy's
economic performance has lagged behind that of its EU partners, and the
current government has enacted numerous short-term reforms aimed at
improving competitiveness and long-term growth. Rome has moved slowly,
however, on implementing needed structural reforms, such as lightening the
high tax burden and overhauling Italy's rigid labor market and expensive
pension system, because of the current economic slowdown and opposition from
labor unions
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