The Staggering Economic Giant
Screener avaliable upon request
Year of production: 2015
Duration: 50
Picture format: 16:9
Number of episodes: 1
The film is about Italy, whose economy is the third most powerful in the Eurozone, but it fell into a serious crisis a few years ago. Its public debt is over 2,000 billion euros and the unemployment rate is 13 percent, with as much as 43 percent among youth. In the past five years 500,000 companies have gone under. The problem of corruption is adversely affecting the society. Statistics show it amounts to 60 billion euros per year. The gap between the rich North and the poor South increased even more during the recession. For the Italian government, the only way out is to continue implementing severe cuts and reforms. The film’s author Zdenka Kardum says that her guiding principle was to “show how the neighboring Italy is coping with the problems oppressing it and the austerity measures and why, despite being on the verge of debt bondage, it is able to adapt to new market requirements”. In Rome, Milan and Naples she talked about the Italian economic and financial situation with small and medium-sized entrepreneurs, financial experts, political analysts, union representatives, Italian MPs, representatives of the anti-corruption agency, journalists and bankers.