Italy's Mezzogiorno Kersten Knipp / sgb 08/23/2015 August 23, 2015. Recent figures confirm that southern Italy is massively underdeveloped economically - and this also has an impact on its ...

Italy’s gold and foreign currency reserves, at last official count, stood at $3,313,000,000, topped internationally only by those of West Germany and the United States.

Northern Italy’s gross domestic product is around €1.1 trillion, according to Istat, Italy’s National Statistics Institute. The south’s is just €430 billion.

The entire mezzogiorno gets a mere 1% of Italy's already low share of such investment. Perhaps the biggest concern of all is the pervasiveness of organised crime.

In July, Svimez research institute said 744,000 people left the Mezzogiorno between 2001 and 2014, and more than 70 percent of the emigrants were under the age of 34.

Francesco Mazzei never wanted to be a chef. Growing up in Calabria, southwest Italy, he cared more about his football than his food.Having worked in his uncle’s ice cream shop from an early age ...

(By Gordon Sorlini)(ANSA) - Rome, March 19 - The gap between Italy's richer north and poorer south is increasing with the latter particularly battered by the gl ...