The Limited Times

Now you can see non-English news...

Corona in Italy: hit hard, but surprisingly optimistic

2020-11-22T00:25:11.713Z

Italian companies are hoping for the EU bailout package. Company bosses and politicians want to prove that the billions in aid will not drain away this time.



Icon: enlarge

Protest against new lockdown in a textile shop in Naples (inscription: "Shame on you, you kill us more than Covid"):

Fears of a long, severe recession are returning

Photo: Giacomino / ROPI

Perhaps the most beautiful investment ruin in Italy is on the outskirts of Rome.

The roof of the »Città dello sport«, a masterpiece by the star architect Santiago Calatrava, rises like a white, airy sail.

It was originally supposed to cost 60 million euros, at some point it was around 240 million, then the project was stopped.

Work has been on hold for nine years.

Most recently, the shell served as a backdrop for the »Suburra« mafia series.

Roberto Romanella is the mayor of Roma VI district, and Calatrava's ruins are just one of the countless problems that plague him right now.

"We are the poorest neighborhood in Rome," says Romanella, "the social situation is dramatic." In recent months, he had food parcels distributed because people in his neighborhood are starving as a result of the pandemic.

Sometimes he wakes up at two o'clock in the morning because small fireworks can be heard.

"This is not a party," he explains - it is a signal from criminal clans to their customers.

"I then say to my wife: Another load of drugs has arrived."

Read more with Spiegel Plus

More perspectives, more understanding.

Your advantages with SPIEGEL +

  • Icon: Check

    SPIEGEL as a magazine

    as an app, e-paper and on the e-reader

  • Icon: Check

    All articles on SPIEGEL.de

    Exclusive texts for SPIEGEL + readers

  • Icon: Check

    Try one month for free

    Cancel anytime online

    A price

    only € 19.99 per month

One month for € 0.00

Try now for 0.00 € Buy nowArrow to the right

Already have a digital subscription? Register here

Restore iTunes subscription

SPIEGEL + is processed via your iTunes account and paid for with a purchase confirmation.

24 hours before it expires, the subscription is automatically renewed by one month at the current price of € 19.99.

You can cancel the subscription at any time in the settings of your iTunes account.

In order to use SPIEGEL + outside of this app, you must link the subscription to a SPIEGEL ID account immediately after purchase.

With the purchase you accept our general terms and conditions and privacy policy.

Source: spiegel

All business articles on 2020-11-22

You may like

Trends 24h

Business 2020-11-28T13:58:31.982Z

Latest

© Communities 2019 - Privacy