Italian boycott over euro price hikes

Published: 6 July 2002 y., Saturday
Italian consumers associations hailed as a success the country's first consumers' spending boycott, in protest at inflation allegedly caused by the changeover to the euro. Trade organisations reported takings were down by between a quarter and a half in many Rome supermarkets - although the smaller shopkeepers did not appear to be suffering from any lack of customers. A sit-in outside the government's statistical office in Rome, organised by four consumer groups, failed to attract many protesters, although the shopping boycott was widely reported in the newspapers, and on television. Consumer groups had asked Italians to refrain from making normal purchases for 24 hours to protest against the price increases which everyone is aware of in food, clothing and many consumer articles. The government's statistical office maintains that inflation is currently running at only about 2% a year, while many trade organisations are reporting price rises of up to 10%.
Šaltinis: BBC News
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.

Facebook Comments

New comment


Captcha

Associated articles

The most popular articles

Bullfighter, 11, 'breaks record'

At 11 years old, Michelito Lagrave is a veteran bullfighter, with more than a 160 kills to his name. more »

Brazil model dies from infection

20-year-old beauty queen Mariana Bridi da Costa by Saturday was dead. more »

Palestinian boy's life inside Gaza

The 12-year-old is living rough in a UN school with his parents and nine siblings. more »

Iraq's Election Season

The provincial elections will be the first to be organized by Iraq and held under Iraqi laws since the U.S.-led invasion in 2003. more »

Singapore tattoo convention

The three-day tattoo show - the first of its kind in Asia- is expected to draw about 5,000 people, as its showcases tattooists from about 25 countries around the world. more »

Palestinian Israeli musical mix

The West Eastern Divan Orchestra is made up of 90 members from the Middle East. more »

Joe the Correspondent

Joe the Plumber became a household name during the 2008 presidential campaign when Wurzelbacher questioned then-candidate Democrat Barack Obama about his tax policy. more »

China ice festival warms hearts

China's coldest city of Harbin played host to twenty-two couples getting married in sub-zero temperatures. more »

Polo profits in Argentina

Now in a global economic crisis, developers in Argentina are still promoting multi-million dollar, multi-polo-field properties as the cost-conscious alternative to traditional hot spots like Palm Beach. more »

Women barred from Iraq shrine

The ban on women entering the Iraqi Shi'ite shrine district of Khadimiya for the annual Ashura ritual is unprecedented. more »