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Cake day: July 28th, 2023

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  • https://en.wikipedia.org/wiki/Economy_of_Italy

    I wouldnt say terrible unless you compare with number one in the world. They are doing quite well. Also ranked 8th in the world as an economy.

    Its not a super power so I would say they are doing great. Its not perfect but its a great place to live.

    They are not rich though and thats something you have to accept living in Italy.

    The average annual gross salary in Italy was €41,646 ($44,893) in 2022,[251] placing the country at the twenty-first position in the OECD area, with lower wages compared to the EU average. Many Italians still face significant challenges in meeting basic living expenses due to high living costs and regional economic disparities.