The Great Debate

Italy pays its people to go on vacation

September 3, 2010

ITALY/

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The following article by Silvia Marchetti first appeared in GlobalPost.

ROME, Italy — “Exploit your holidays to discover your unique, magical Italy,” intones Italian Prime Minister Silvio Berlusconi in a new TV ad encouraging Italians to vacation at home this year.

How the bailout feeds bloated banker pay

August 13, 2009

jamessaft1– James Saft is a Reuters columnist. The opinions expressed are his own –

Rising pay in the finance sector in the wake of the global financial crisis is no surprise and is driven partly by the government’s bailout itself and the underwriting of banks that are too big to fail.