| | MAY 20226Recovering from the pandemic-hit economic slowdown will be challenging for all parts of the world. And the case of Italy is no different. The pandemic-ridden yesteryear caused severe disruptions to the country's economy, much like in any other country. Nevertheless, business leaders need to look ahead, accept this reality, and keep their heads straight. According to the reports, the Italian economy grew by 6.5 percent in 2021. The country has recovered a considerable chunk of losses inflicted by the pandemic before the year-end. Although, the short-term forecast is hindered by the disruptions in the supply chain and the increasing energy costs. The corrosion in purchasing power and consumer confidence over the past two years is expected to continue and dent the GDP growth in the near future. However, assuming that the current wave is short-lived and there are no catastrophic waves ahead of us, the economic activity in the country is projected to regain momentum in the second quarter of 2022. Italy's business landscape will continue its expansion path in the second half of the year.Business leaders in Italy need to comprehend the fact that the new norms are here to stay, at least in a partial way, and they need to recognize permanent solutions to their operational problems triggered by the pandemic. Professional help from IT services organizations will continue to be inevitable. IT partners could significantly aid CEOs by finding innovative ways to help businesses, such as limiting operational expenses, improving customer experience, and catering to the need of the hour ­ digital footprint in every way possible.Sujith VasudevanManaging Editoreditor@ceoinsightsindia.comItaly's Road to Recovery Editorial Vol 04 · Issue 5 - 1 · May, 2022 Publisher Alok Chaturvedi Managing Editor Sujith Vasudevan Group Art DirectorAshok KumarNoidaRohit Raghubanshi Garima Anandadvertise@ceoinsightsindia.comEditorial queries editor@ceoinsightsindia.comTo subscribeVisit www.ceoinsightsindia.com/subscribe/ or send emailto subscription@ceoinsightsindia.comCover price is Rs.150 per issue.Editor Alok ChaturvediPrinted and Published By Alok Chaturvedi on behalf of InfoConnect Web Technolo-gies India Pvt. Ltd., and Printed at Precision Fototype Services at Sri Sabari Shopping Complex, 24 Residency Road Bangalore-560025 and Published At No. 124, 2nd Floor, Surya Chambers, Old Airport Road, Murugeshpalya, Bangalore-560017.Copyright © 2022 InfoConnect Web Technologies India Pvt. Ltd., All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher. Design Girish M Mohana KrishnanVP - Sales & Marketing Amrit SinghCirculation Manager Magendran Perumal Editorial Ananth V Aveek Pal Chaudhuri Mandvi Singh Sthitaprajnya Panigrahi
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