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De Facto Classification of Exchange Rate Arrangements, as of April 30, 2021, and Monetary Policy Frameworks [2]; Exchange rate arrangement (Number of countries) Exchange rate anchor
5 July – Mount Etna and Mount Stromboli erupt, forcing a temporary closure of Catania–Fontanarossa Airport in Sicily. [22]13 July – Thirty-three Indian farm workers in Verona Province are rescued by the Guardia di Finanza following reports of "slave-like" working conditions, with two other Indian nationals arrested and charged with labour violations.
In 2024, however, the Italian economy continues to maintain its resilient strength, thanks to the reduction in energy prices, and the maintenance or reduction of oil prices, this stability allows a reduction in inflation. In September 2024, the European Central Bank has decreased interest rates by 0.25 percentage points.
Coins of Italy (2 C, 31 P, 6 F) O. Obsolete Italian currencies (1 C, 59 P) Pages in category "Currencies of Italy"
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Italy has a long history of different coinage types, which spans thousands of years. Italy has been influential at a coinage point of view: the medieval Florentine florin, one of the most used coinage types in European history and one of the most important coins in Western history, [1] was struck in Florence in the 13th century, while the Venetian sequin, minted from 1284 to 1797, was the most ...
The economy of Italy is a highly developed social market economy. [31] It is the third-largest national economy in the European Union, the 8th-largest economy in the world by nominal GDP, and the 11th-largest by PPP-adjusted GDP. The country has the second-largest manufacturing industry in Europe, which is also the 7th-largest in the world. [32]
The development of Vatican coins largely mirrored the development of the Italian lire coins. In 1929, copper c.5 and c.10, nickel c.20 and c.50, 1 Lira and 2 Lire, silver 5 Lire and 10 Lire, and gold 100 Lire coins were introduced.