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☆ A couple tested out life in Canada and Italy. They chose to move where salaries are lower but life is sweeter.
▼ + stars: | 2024-08-11 | by ( Maria Noyen | ) www.businessinsider.com time to read: +8 min

"I can easily travel around Italy or Europe for the same cost as a long-distance bus ticket in Canada," Craparotta said. Alexandr Spatari/Getty ImagesItalians "cook very simply," and there are fewer deep-fried or sugary dishes compared to restaurants in Canada, Craparotta said. Italian social life is less focused on drinkingIn Toronto, Craparotta was used to a social life that revolved around drinking. When they lived in Canada, Craparotta remembered Fabiani being shocked by a rowdy party where people were playing beer pong and drinking out of red Solo cups. While she is making less than what she would back in Toronto, Craparotta said the location is worth the pay cut.

Persons: —, Craparotta, Flavio Fabiani, They'd, Dyson, Fabiani, Victoria Craparotta, Allan Baxter, she's, Alexandr Spatari, I'm, she'd, querbeet, Numbeo Organizations: Service, Business, Fabiani, Getty Locations: Italy, Toronto, Spain, Rome, Canada, Banff, Vancouver, Europe, Milan, Amalfi, London, Paris, Craparotta

☆ Insider Today: Italian reno nightmare
▼ + stars: | 2024-07-20 | by ( Joi-Marie Mckenzie | ) www.businessinsider.com time to read: +6 min

On the agenda:This story is available exclusively to Business Insider subscribers. You are presented with this mapped-out series of days," Travelzoo's senior editor Gabe Saglie told Business Insider. AdvertisementIf you're convinced, one travel planner rounded up the best all-inclusive resorts of 2024. After remodeling a dusty old Italian apartment and sharing the results on social media, they received some unexpected backlash. More of this week's top reads:The Insider Today team: Joi-Marie McKenzie, editor in chief of life, in New York.

Persons: —, she's, Wahoo, Travelzoo's, Gabe Saglie, Terri Peters, Saint, Victoria Craparotta, Flavio Fabiani, Craparotta, Alyssa Powell, Crispin la valiente, Jenny Chang, Rodriguez, didn't, Bradley Carroll, Carroll, Rachel Katzman, Stephen Pasterino, Katzman, Abigail, Kai, Rebecca Zisser, Joi, Marie McKenzie, Jordan Parker Erb, Dan DeFrancesco, Lisa Ryan, Amanda Yen Organizations: Service, Business, Northeast, BI, Netflix, CBS, Samsung, Universal Locations: Saint Vincent, Grenadines, Rome, New York, New York City

☆ Millennials inherited a dusty old apartment in Italy. They renovated it — only to be told they should have left it alone.
▼ + stars: | 2024-07-12 | by ( Maria Noyen | ) www.businessinsider.com time to read: +7 min

Courtesy of Victoria Craparotta and Flavio FabianiFrom May to August, he worked alongside contractors to turn it into a home fit for him and his longtime girlfriend, Victoria Craparotta, whom he met in 2019 on a study abroad program in Malaga, Spain. Courtesy of Victoria Craparotta and Flavio FabianiCraparotta and Fabiani aren't the only ones to get heat for updating an old home. A young couple renovating a starter home in Rhode Island told BI in May that they received "flak" online for making their 1950s bathroom, covered with bubblegum-pink tile, more neutral. AdvertisementFor Fabiani and Craparotta, modernizing the apartment reflects who they are: a young couple who don't want to live in an apartment from a bygone era in Italy. "A lot of people see Italy as this idyllic place and that it's all vintage," Craparotta said.

Persons: —, Flavio Fabiani, Fabiani, He'd, Craparotta, Victoria Craparotta, they'd, Fabiani's, renovators, Flavio Fabiani Craparotta Organizations: Service, Business, National Association of Realtors Locations: Pigneto, Malaga, Spain, Canada, Italy, millennials, Rhode Island

☆ Eurozone Inflation Slows, but Underlying Price Pressures Persist
▼ + stars: | 2023-06-30 | by ( Patricia Cohen | ) www.nytimes.com time to read: +4 min

Growth is expected to pick up, but further increases in interest rates could act as a brake on the economy. France’s annual inflation rate fell to 5.3 percent in June, from 6 percent in May. Germany, the largest economy in Europe, saw a rise in its annual inflation rate to 6.8 percent, up from 6.3 percent in May. Inflation rates in Germany are expected to resume their fall in September. After adjusting for inflation, profits were above their prepandemic level while workers’ compensation was 2 percent below the trend in the first quarter of this year.

Persons: Gita Gopinath, Christine Lagarde, ’, Giorgia, “, Lucrezia Reichlin, Riccardo Marcelli Fabiani, Price, Lagarde Organizations: International Monetary Fund, London Business School, Oxford Economics, Ukraine — Locations: Sintra , Portugal, France, Italy, Russia, Ukraine, Germany, Europe

But the headline number masked a more malignant trend, with all key components of core inflation accelerating. "Rising core inflation means that not much will sway the European Central Bank from the hawkish path it set out late last year," ING economist Bert Colijn said. The recession was expected to push up unemployment, naturally dampening price pressures. But employment, already at a record high, is actually going up, not down. "The delayed passthrough of high production costs and a still-strong labour market will sustain core inflation," Riccardo Marcelli Fabiani at Oxford Economics said.

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