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...Business leaders were not pleased with this apparent about-face from a man who was once considered an ally. "We can't turn back. There are reforms that have begun, which must still be completed," says Andrea Moltrasio, head of European affairs at Confindustria, the Italian employers' association. "No longer is Europe divided into the politics of left and right, but between populist and reformist. What we need most of all is realism." Begg agrees and warns against the risk of pursuing bad policy for short-term electoral advantages. But, he adds, "the huge ideological disputes...

Author: /time Magazine | Title: Europeans Sour on American-Style Capitalism | 11/17/2009 | See Source »

...office pledging to liberate Italy's free market - and still considers himself a product of open competition from his days in the cutthroat real-estate business. But inside Italian business circles, the question is even trickier. Berlusconi has relied on the crucial support of the powerful employers' association Confindustria, which is committed to serious market reforms but also counts Fiat as its biggest member. Francesco Bellotti, Confindustria's vice president, sent the government a mixed message. With the car industry's key position in the nation's economy, Bellotti said, Italy must "defend" Fiat. But he also said the typical...

Author: /time Magazine | Title: Fiat Runs Out of Petrol | 10/13/2002 | See Source »

...workers rather than simply pay out monetary damages. Though it generates only a sprinkling of cases each year, Article 18 has become an all-or-nothing battle cry for both camps, which see it as the symbol of Italy's famously airtight job protections. Antonio D'Amato, head of Confindustria, Italy's leading employers' association, says unions are waging an "ideological campaign" rather than facing real negotiations. "We have never asked for the freedom to fire, but instead the freedom to hire," he says. So far at least, labor has been racking up all the points on the political scorecard...

Author: /time Magazine | Title: Marching In Place | 4/28/2002 | See Source »

...this recession are only beginning to sink in, but labor leaders say the crisi will soon hit the whole white-collar sector. Yet the country's planners look abroad for succor. "Everything depends on what happens in the U.S.," says Tancredi Bianchi, president of the Italian Banking Association. Confindustria, the employers' federation, is also hoping that "the symptoms of recovery are confirmed...

Author: /time Magazine | Title: Europe: In the Same Boat and Bailing | 1/20/1992 | See Source »

...paralyze the country with a general strike if the Italian industrialists' association unilaterally broke a six-year-old agreement linking wage increases to the official inflation rate. Both sides were adamant; a clash seemed inevitable. Spadolini spent the night threatening and cajoling until the industrialists' association, Confindustria, agreed to meet again with the government and the unions to discuss all aspects of rising labor costs. "I'm still only a baby, but I'm not afraid of falling down," said Spadolini. "The right way to conserve power is to exercise it." It was an auspicious start...

Author: /time Magazine | Title: Italy: Charmed Life | 7/13/1981 | See Source »

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