• Most Popular
  • Most Shared
A martial arts enthusiast pulls a vehicle with a rope connected to his eye sockets during a performance in Hefei, Anhui province November 30, 2009. Picture taken November 30, 2009. REUTERS/China Daily

Pictures of the year: Oddly

A look at the year's best strange and unusual photos.   Slideshow 

    Uproar over tax break for "big babies"

    ROME
    Fri Oct 5, 2007 12:58pm EDT
    Italy's Economy and Finance Minister Tommaso Padoa-Schioppa smiles before a family photo session during the ECOFIN informal meeting in Porto September 14, 2007. Padoa-Schioppa has sparked uproar by offering ''big babies'' a tax break if they let go of their mother's apron strings and left home. REUTERS/Miguel Vidal

    ROME (Reuters) - Italy's economy minister has sparked uproar by offering "big babies" a tax break if they let go of their mother's apron strings and left home.

    Oddly Enough

    More than a third of Italian men over the age of 30 live at home with their parents, a phenomenon blamed on sky-high apartment rents and bleak job prospects as much as a liking for mamma's cooking.

    Economy Minister Tommaso Padoa-Schioppa offered to come to the rescue with a 1,000 euro ($1,411) tax break for 20- and 30-something Italians who rent.

    He said the move was aimed at "bamboccioni," which evokes images of clumsy, overgrown male babies.

    "We must send those we call 'big babies' out of the house," the minister told a Senate hearing on the 2008 draft budget.

    "With the budget we'll help young people who don't marry and still live with their parents get out of the house."

    The comment was immediately condemned by politicians from all shades of the political spectrum who said young Italians could hardly be blamed for a sputtering economy and high rents.

    "This absurd gaffe shows how he's probably not clear how precarious is the situation afflicting an entire generation -- the first generation that has to deal with social conditions worse than those of its parents," said Francesco Caruso, a communist from Prime Minister Romano Prodi's coalition.

    Rome mayor Walter Veltroni, who is likely to lead Italy's left into the next election, said Friday he considered the comment an "unhappy quip" and problems facing the Italy's youth were the country's biggest challenge.

    Opposition lawmaker Isabella Bertolini of Forza Italia party urged Prodi to scold his minister for the "offensive epithet."

    Italy is holding a broader debate over its increasingly geriatric society where the best jobs are often occupied by those over 50, squeezing out the young and ambitious.

    Many Italians do not graduate until their late 20s and end up in poorly paid internships or with short-term contracts.

    A sharp rise in the cost of living since the introduction of the euro has not helped, and even a 1,000 euro tax break will not be enough to help young Italians stand on their own feet, said Guglielmo Epifani, who heads a major Italian union.

    "Renting an apartment 30 years ago cost a quarter of the salary of a worker," writer Aldo Nove who has penned a book called "My Name is Roberta, I'm 40 years old and earn 250 euros a month," told Corriere della Sera newspaper.

    "Today, it costs more than the salary of a young apprentice. What else is there to say?"



    More from Reuters

    Photo

    Obama blames "systemic failures" in U.S. security

    KANEOHE, Hawaii (Reuters) - President Barack Obama on Tuesday blamed a combination of "human and systemic failures" for allowing the botched Christmas Day attack aboard a Detroit-bound U.S. airliner, in his first big test on homeland security. | Video

    Leaves gather in front of an empty and boarded-up house in Youngstown, Ohio November 21, 2009.    REUTERS/Brian Snyder

    Castles built on sand

    Rust-belt American cities like Youngstown, Ohio were battered by the downturn. Now they're ready to move on, but it won’t be easy. The first in a three-part report.  Full Article 

    REUTERS/James Saft

    Welcome to the "Teenies"

    Shrinking financial sector? Paltry investment returns? Welcome to the the next decade. Don't worry, there's some good news, too.  Commentary