Latest for The Wall Street Journal in Milan, Italy. by FRANCESCA VOLPI

https://www.wsj.com/articles/italys-big-budget-designed-to-help-business-is-hurting-it-1542796201?ns=prod/accounts-wsj
・・・
Gian Enrico Grugni’s dairy farm near Italy’s financial capital shows how the country’s big-spending budget, which the government says will spur growth, is so far hurting the companies it is supposed to help.⠀

Soon after Mr. Grugni applied for a €400,000 bank loan to buy land and build new cow stalls, Italy unveiled plans for a budget deficit that violated the European Union’s rules on fiscal discipline. Investors in turn demanded higher risk premiums for holding Italian bonds. And that led to bigger borrowing costs for Italian banks.⠀

The increase trickled down to Mr. Grugni, who said that while his application was pending the interest rate the bank will charge rose by almost half a percentage point, leaving him less money to invest in his business. Photos by @francesca_volpi_photo for @wsj.⠀





Exhibition of the Donata Pizzi Collection in Rome, Italy. by FRANCESCA VOLPI

One of a series of photo from Ukraine:War Chronicles part of the Donata Pizzi Collection showcased among other fantastic artists, at the Palazzo delle Esposizioni in Rome, until September 2018. 

The exhibition shows a selection of more than one hundred and fifty photographs and photo books from the Donata Pizzi Collection, which has been set up and created with the aim of promoting knowledge and appreciation of the most significant photographers in Italy from the mid-sixties to the present day. The collection – which is unparalleled in Italy – consists of works taken by about fifty women photographers from different generations.

Go have a look!