Italy's Language

Italian is considered one of the most romantic and melodic languages in the history of the world. The Italian language made its first debut during the 10^th century in written documents such as lawsuits and poetry. It was inserted within Latin documents. As of today, Italian is the official language throughout Italy. In fact, 93% of Italy’s population have an Italian tongue. Did you know there are different dialects of Italian such as Friulian? Other minor languages in Italy include: Ladin, Slovene, German, French, Albanian, Croatian and Greek. As you can see, Italy is a very diverse speaking country. Arrivederci! (Goodbye)

http://www.omniglot.com/writing/italian.htm
http://www.kwintessential.co.uk/resources/global-etiquette/italy-country-profile.html

Current Events in Italy

Unicredit Banca in Italy

The banks of Italy are having credit ratings cut by Moody's. Moody's is some kind of Canadian credit agency. They are known for their popular website: http://www.moodys.com/Pages/default_ca.aspx. Unicredit, which is Italy's largest bank, had the highest cut of credit ratings. A total of 26 Italian banks were cut of credit. According to BBC News, Italy's economy is contracting while the government also tries to reform the nation's public sector. UniCredit and Intesa Sanpaolo are responsible for one third of the Italian banking market therefore, people are greatly affected by this issue. All banks of Italy are now on watch for the Moody's which means further downgrades are still possible. The Moody's are saying Italy now has one the lowest credit ratings in Europe. They are hoping to regain their credit ratings very soon.
http://www.bbc.co.uk/news/business-18067581