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

Churches feel the economic pain

A famous New York church is feeling Wall Street's pain. more »

Tokyo: Michelin's star city

Japan may be in recession, but Tokyo remains the world's best dining city. more »

Holland gets tough on cannabis

The Netherlands may be famous for its liberal drugs laws but in the Dutch town of Bergen Op Zoom they've had enough. more »

Free movement of workers is good for Europe's economy

A European Commission report published today shows that mobile workers from the countries that joined the EU in 2004 and 2007 have had a positive impact on Member States' economies and have not led to serious disturbances on their labour markets. more »

Citizen spycam in Seoul

South Korean stores must by law charge shoppers for plastic bags. Any infrigement would be reported to the authorities. more »

China's queen of plastic surgery

Shi Sanba is one of China's most celebrated plastic surgeon's and also dubbed the country's "Michael Jackson". more »

Q & A on Parliamentary immunity

The job of elected Members of any Parliament is to make laws that all of us are obliged to obey. more »

Thousands queue for cut-price housing

In Spain thousands have been queuing for days in the hope of gaining that crucial first step onto the property ladder. more »

French farmers flock to Paris

Scores of sheep have been shepherded through Paris as part of a demonstration to improve the lives of European farmers. more »

Stop abuse in zoos, says ENDCAP

Animal rights groups say animals are suffering from abuse and sometimes live in dire conditions. more »