Monday, July 10, 2006

Italy wins the World Cup : Economists should be happy!

Remember this earlier post? Well, now that Italy REALLY have won the world cup, the folks at ABN Amro should be happy. They had predicted that an Italian win would be the most beneficial to the global economy.

"An Italian victory in the World Cup final would make consumers and producers more confident, which would translate into higher consumption and investment. It would also help Italy to improve its image, which is good for exports."

Now that the Azzuri have conquered the world, let's see whether their win will really lift the global economy!


Technorati tags: World Cup, Italy, Global economy

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