Il Sole 24 Ore - Front Page

All the news from Il Sole 24 Ore front page newspaper, provided daily, translated

A Global Anti-Tax Avoidance Deal

A worldwide agreement to thwart tax avoidance is necessary to contrast the race to the bottom, which has turned the global financial system into the less-regulated market in existence today.

The (Ir)responsibility of Politics

Reforms to the justice system are important, but there is much contention surrounding the decision as to when and how to implement them.

Italy’s Push for a Constructive Europe

In order to overcome recession, Europe must rethink its fiscal compact.

Bossi’s Foreign Funds and the Clash Within the Northern League.

The interrogation transcripts of the Northern League’s former treasurer open a rare window on the internal power struggle in the party as well as its possible involvement in bribery.

A Labor Reform That Should Be Rewritten

The current labor minister should adjust the reform proposed and passed by his predecessor by implementing the ideas he put forward when he was part of the wise-men commission—especially the parts concerning young workers.

For Shareholders, a Good Thing; Not So Much for the Market

Dividends are good news for shareholders, but the market flow is going backward from businesses to money savers, when it should be the other way around.

But Now We Need a Cure, a Real One

Helping the young unemployed is a first step, but the obsession with the 3 percent must be replaced by solidly financed measures toward growth, fostered by a broader interpretation of the treaties’ accounting principles, maybe through strategic changes.

Europe, a Hostage of the States

The ongoing crisis has proved that there are limits to the ECB’s action and to purely financial solutions, Hollande’s proposal to put the political union back on the euro zone’s agenda is essential if we are to find long-lasting answers.

Made in Germany Is Worse

Germany may feel strong from its relative competitiveness in the EU, but it would not be smart for the Germans to limit their trade to foreign markets.

A European Policy for Growth and Employment

President of Confindustria Giorgio Squinzi outlines his policy recipes to pull Europe out of its current situation—the world’s only economic area still in a recession.

If It Drops Below the ‘Bare Minimum’

In tomorrow's Council of Ministers the Letta government will put forth solutions that represent a "bare minimum" of the political promises it made or of the political action people expected from it

A Success Born Abroad

The success of the 30-year bonds sold at auction yesterday reflects the important presence of foreign investors rather than Italy’s progress, but it’s a good start.

Only the Industrial Sector Can Save Europe

A revamped U.S. manufacturing sector can bring Europe’s industries to their knees.

If Europe No Longer Mitigates Conflicts (but Worsens Them)

Europe has slowly changed, losing its essence, and from being an instrument to avoid imbalances between the region’s states it has ended up creating these same imbalances. The euro is a perfect metaphor for this.

ENI Becomes ‘Private’; Treasury Beaten by Funds

Is the Italian stock market becoming less influenced by state-owned companies? ENI’s recents developments may be starting a larger trend.

The Defeated ‘Inflation Hydra’ Is a Signal for the ECB

Low inflation is just as bad as high inflation, especially when, as in the current crisis, it is driven by desperation. Central banks must keep inflation stable while intervening to mitigate the credit crunch.

The City’s Leaving? Not a Bad Thing for Europe

London is considering abandoning the EU, and it’s not the worst thing for the Union or the currency.

Bloomberg and the Violation of (Everyone Else’s) Privacy

Michael Bloomberg made a fortune out of selling financial information, yet the same kind of information about his own company remains largely secret.

A Melancholic Honeymoon

A hundred days are an opportunity for the government to turn things around, but the stalemate mentality must first be abandoned to make way for reform.

Why Italy Deserves Relief

Italy’s relatively healthy public finances and the country’s lagging economy show that the EU should grant Rome some breathing room.

Versione Italiana

The Economists

The Wrong Growth Strategy for Japan

CAMBRIDGE – Japan’s new government, led by Prime Minister Shinzo Abe, could be about to shoot itself in the foot. Seeking to boost economic growth, the authorities may soon destroy their one ...

China’s Antifragile Ambitions

HONG KONG – China has once again reached a crossroads on its journey toward inclusive, sustainable prosperity. At the Chinese Communist Party’s congress in November, the new leadership was ...