Can Italian infrastructure reboot post-virus economy?

Pressok

Rome (AFP)

A sleek new bridge in Genoa built in record time is being acclaimed in Italy as a model for rebuilding the economy by investing in major infrastructure projects.

Such stimulus is sorely needed as the country slides towards its worst recession since World War II because of the coronavirus pandemic.

The completion of the Genoa bridge was hailed as a sign of renewal for Italy
The completion of the Genoa bridge was hailed as a sign of renewal for Italy Marco BERTORELLO AFP/File

The government admits it badly needs to renovate crumbling roads, bridges and railways, and doing so could also save lives. Yet the possible impediments are many — from funding to political will, bureaucracy and a recent safety reports scandal.

The completion of the Genoa bridge was hailed as a sign of renewal for Italy, where over 28,000 people have died in the coronavirus pandemic and millions risk losing their jobs due to an economically-crippling nationwide lockdown.

The hi-tech flyover “is…

View original post 1,387 more words

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.