Lee Martin
๐ค SpeakerAppearances Over Time
Podcast Appearances
Well, Confindustria is the largest business group in Italy, and they are very much an ally of the Prime Minister, Giorgio Maloney.
But they're saying a lot more needs to be done to stimulate this economy.
We know it's quite stagnant.
We've got fresh figures from the IMF saying that the GDP is only going to rise about 0.5% this year and next year.
But they want to see more stimulation.
I think that's a valid argument.
complaint from the business community that we haven't seen much from this government to really stimulate the economy and grow business.
Yeah, in fact, the deficit is quite high.
I think it's about 137% of GDP.
And I just saw some figures that said it's above 3 trillion euros.
So there's not a lot of money to spend, really, is there?
I got a fright when I saw it, I must say.
And it's caused an outcry on the social media, of course.
People are saying it looks like a Nissan sedan.
And Luca Cordero di Montezemolo, who used to be the president of Ferrari and was very involved in the big races, of course, said it risks destroying a legend.
And he said, at least it's a car that the Chinese won't want to copy.
I haven't seen the back of it.
I've only seen the side of it.
A million New Zealand dollars.
Yeah, yeah.