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Search resuls for: "Furio Truzzi"


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– plate near Portofino in northern Italy, and 10 cents for a sprinkle of cocoa on a cappuccino at a Lake Como coffee bar. Easy targetsOutrageous charges, like 2 euros for slicing a ham sandwich, have been labeled "crazy receipts" by the Italian media. High fuel and energy prices have made it an incredibly expensive summer. Worst offendersSome of the highest price hikes in Europe have left a vacation at home too expensive for many Italians. “We had this trip planned before Covid and have been dreaming about it even though we read the headlines about expensive prices.
Persons: Rome, Rome CNN —, Stefano Mazzola, Giorgia Meloni, , Furio, Truzzi, Francesca Volpi, Sharm el Sheik, ” Paolo Manca, Betsy, James Cramer, ” Betsy, , Alberto Pizzoli, Antonio Coviello, Daniela Santanche Organizations: Rome CNN, CNN, Bloomberg, Getty, Italy’s National Research Center Locations: Italian, Lake Como, Ostia, Sardinia, Portofino, Italy, Como, Albania, Montenegro, Ukraine, Europe, Puglia, Egypt, Piazza Navona, Rome, AFP
The situation is “a disgrace to Italy,” said Furio Truzzi, president of the consumer rights group Assoutenti, one of several associations that protested the shortage. In Rome, for example, there are now about 7,800 taxis, and if 20 percent more licenses were issued, there would be about 1,500 more. Parliament now has two months to convert the decree into law. But transportation experts said the decree falls far short of what they say is a needed overhaul of the industry, which holds outsized sway over local — and national — politics. Thanks to the taxi lobby, ride-sharing services are almost nonexistent in Italy, where Uber is the only platform in use, with many restrictions.
Persons: , Furio Truzzi, Uber Organizations: Catholic, Cortina d’Ampezzo Locations: Italy, Milan, Rome, Naples
Grocery prices in Europe have been on the rise. Britain — where food inflation has reached 45-year highs — is discussing a similar move. In comparison, U.S. food prices rose 7.7% in April from a year earlier, 8.2% in Japan and 9.1% in Canada. Such controls could actually make food inflation worse by increasing demand from shoppers but discouraging new supply, he said. "The current food price shock does not warrant such intervention," Shearing said.
Persons: , Furio Truzzi, Borey, Helen Barnard, Anna Sjovorr, hasn't, that's, Neil Shearing, Shearing, SWG pollsters, Carlo Compellini, Marie Antoinette, Roberto Dipiazza Organizations: Service, Shoppers, European Union, Trussell, European Central Bank, U.S . Federal, Capital Economics Locations: Europe, Rome, U.S, Japan, Ukraine, Paris, Britain, Hungary, Croatia, Spain, United Kingdom, London, Canada, Trieste, Italian
Rome/London CNN —Italy’s government convened crisis talks Thursday to investigate the reasons behind a surge in prices for pasta, one of the country’s most beloved and culturally important foods. Pasta inflation moderated a bit in April but prices were still up 16.5% over 12 months. Pasta prices have soared despite the price of wheat — the main ingredient — falling in recent months. The price of durum wheat — a type of wheat popular among Italian pasta-makers — has fallen 30% since May 2022. Making pasta only requires mixing water with the wheat, the group said, giving “little justification” for the huge increase in retail prices.
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