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Topic: Italian Lira

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In the News (Thu 18 Apr 19)

Lira is the name of the monetary unit of a number of countries.
The Italian lira (plural lire) was the official unit of currency in Italy until January 1, 2002, when it was replaced by the euro, and it ceased to be legal tender on February 28 of that year.
The Turkish currency, also called the lira, is often referred to as the "Turkish lira" outside Turkey, to avoid confusion with the better-known Italian money.
www.ebroadcast.com.au /lookup/encyclopedia/li/Lira.html   (84 words)

Lira is the name of the monetary unit of a number of countries, as well as the former currency of Italy, San Marino and the Vatican City.
It was on par to the italian lira on the terms on the concordat with Italy.
It was on par to the italian lira.
www.knowledgefun.com /book/l/li/lira.html   (940 words)

 Collection Italian Lira-Coin store Italy-Rare gold coins silver coins-Officina della Medaglia.
The moulds of the one Lira are by Giuseppe Romagnoli, the engravings on italma (an aluminum, magnesium and manganese alloy) supervised by Pietro Giampaoli.
Moulds of the fifty Lira are by Giuseppe Romagnoli and engravings by Pietro Giampaoli in acmonital.
The two hundred Lira coin is a first class coin for the absence of errors in coinage with exception to the year 1978 and 1979 each for the half moon under the neck, the name of the engraver is missing and the bald head.
www.officinadellamedaglia.it /collection.asp   (1677 words)

 Letter Mail from and to the Old Italian States 1850 - 1870
The aim of the exhibit is to illustrate the postal History of the Old Italian States in the period 1850-1870 that spans from the issue of the first postage stamps in Lombardy-Venetia, on June 1, 1850, to the occupation of the Papal States in September 1870.
Although the Italian lira was introduced from June 18, 1866, the postage stamps denominated in bajocchi remained in use until September 1867.
From June 18, 1866, as a consequence of the introduction of the Italian lira, the single rate was set at 10 centesimi.
www.rpsl.org.uk /old_italian_states/index.html   (2587 words)

 Ultimalira: storia della Lira
Another strange thing is that the future italian currency having conquered nearly all of the western christians of the epoch as far as the English Channel, without moving further south that Rome, where the Roman / Byzantine monetary system persisted or where the influence of the arab currency was affirmed.
With the beginning of the new century, starting from precisely 1936, the 1 lira coin lost it's prerogative to the silver composition and made it's appearance in nickel circled by "acmonital", an alloy formed of steel, chrome, nickel and vanadium, used still to date for the 50 and 100 lira coins.
This feeling contributes in letting the lira enter the imaginary ownership of becoming a myth; as it also happens for the Vespa and for the Fiat 500, that are symbols of comfort, but overall of roaring youth and of freedom.
www.ultimalira.it /inglese/storia_lira_compl.html   (1132 words)

 THE ITALIAN PROPERTY ACQUISITION   (Site not responding. Last check: 2007-10-10)
Special rules also deal with the conversion of the capital of Italian companies (currently in Italian Lira) into Euro by the end of the year and introduce a tax amnesty for all employers currently in breach of social security and tax regulations.
Italian Inheritance and Gift Tax was one of the oldest taxes in existence in Italy and it was levied on gifts during lifetime and on death.
It was estimated that in Italy Inheritance and Gift Tax used to yield It Lira 1,500 billion a year, which added to other minor related taxes also levied on the transfer of assets on death or during lifetime, meant a total estimated collection of It Lira 3,000 billion a year.
home.clara.net /delgiudice/REPEAL.htm   (1300 words)

 BBC News | EUROPE | So long to the lira
Like the German mark, the Italian lira is a comparatively recent currency with roots that lie deep in the past.
The word "lira" is derived from the Latin "libra", meaning pound, which makes it a distant cousin of the British pound sterling, whose Roman roots are reflected in the L-shaped £ symbol.
The lira was a unit of account long before it existed as a coin or a note.
news.bbc.co.uk /1/hi/world/europe/1627437.stm   (508 words)

 A Monument to the Lira
Deciding that the Lira deserves to be commemorated is not the result of a rhetoric choice, but the desire to achieve a work of art, highly symbolic to remembering everything that this currency has ever represented throughout Italian economic, social, and cultural development.
An allegiance to the Lira, whose collective memories are able to set into motion its capacity to select, accumulate, and conserve all while embodying space and time in remembrance.
The location of the "Monument to the Italian Lira" has yet to be chosen definitively.
www.laliradoro.it /eng/bando.htm   (518 words)

 La Lira D'Oro
The Italian Lira is both one of the strongest symbols of national unity and of supranational evolution in Italy.
This is an initiative, which aims at reconstructing the key chapters in Italian history, and at representing the emotions and the memories that Italians have associated to the Lira through the artistic reproduction of our national currency.
It will be followed by the creation of a monument to the Italian Lira in which children from Italian schools will be invited to participate.
www.laliradoro.it /eng/celebrazioni.htm   (347 words)

 Italian coins
The coinage in use in the Kingdom of Italy was strictly related to the French decimal one introduced by Napoleon on 1803.
The currency adopted was the Italian Lira with a value corrisponding to the value of 4,5 g of silver or 0,29 g of gold.
The Lira was part of the Latin Monetary Union among France, Italy, Belgium, Switzerland, and Greece, an organization founded on 1865 to defend the value of the various currencies of the five countries and to simplify the international exchanges; the Latin Monetary Union was ended on 1926.
www.ilmarengo.com /italia/welcome.htm   (171 words)

 European Union   (Site not responding. Last check: 2007-10-10)
Putting the Italian lira back into Europe's exchange rate mechanism will not be an easy affair, with confidence in Italy's measures to control public expenditure seen as a critical factor for its trading partners.
"But they don't want the lira to return at the expense of (foreign exchange) intervention." The last thing that anyone seems to want is a currency within the ERM which runs the risk of increased monetary turbulence ahead of European economic and monetary union (EMU), scheduled to start in 1999.
Monetary officials in Germany and France have maintained that ERM membership is necessary to be considered for the single currency club, but many believe that politics would prevail where a potential member was outside the currency grid.
ourworld.compuserve.com /homepages/N_Prag/ra19stor.htm   (560 words)

 Money and Style
Fortunately, these currencies have now been replaced by the euro, but other currencies exhibit some of the same subtleties, and the euro itself poses its own style challenges, being a currency with no apparent "country" to list it under, and having an English plural that had originally been "banned", but which in practice is popular.
In Italian, the plural of the old "lira" used to be "lire".
But Italians referred to the German mark as "marchi", and Germans wrote "Lire" to mean Italian lira.
www.currencysystem.com /kb/3-144.html   (1596 words)

 Giddy: Le Serpent - An International Finance Case Study
In the case, Exhibit 1 shows that the lira is near the limit of its allowable divergence from the central rate.
It could raise interest rates to stimulate demand for the lira, but this would increase the interest to be paid on public-sector debt (and the size of the debt).
It could use its own reserves (or request use of the reserves of a bilateral country such as Germany) to support the lira, but the reserves are finite and their use may be in vain when foreign exchange speculators are attacking a currency.
pages.stern.nyu.edu /~igiddy/serpents.html   (1192 words)

 Convert Italian Lire (ITL) and Macau Patacas (MOP): Currency Exchange Rate Conversion Calculator
Italian Lira (ITL) and Macau Pataca (MOP) Currency Exchange Rate Conversion Calculator
RSS Feed - The Macau Patacas and Italian Lire exchange rate delivered to your personal home page.
The Italian Lira is the currency in Italy (IT, ITA).
coinmill.com /ITL_MOP.html   (376 words)

 Ciao Lira - Good-bye to the Italian Lira.   (Site not responding. Last check: 2007-10-10)
Ciao Lira - Good-bye to the Italian Lira.
The Lira was often the butt of jokes, and being nondecimal in nature
The silver band mounted on the shank is inscribed with the symbol for the Lira as well.
www.serjacopo.com /viprati_limited/v_ciao_lira_001.html   (261 words)

 TIME.com: Roughshod Rotation -- Jul 23, 1928 -- Page 1
Rumors of Italian panic were whooped up on the hostile Paris Bourse until even in Manhattan, where so many financiers are notoriously pro-Fascist, quotations on the most impeccably secured Italian bonds moved down as much as 1¾ points.
As uncertainty grew to fear the Italian lira, which Count Volpi placed on a gold basis cf 5.26¢ last December, sank abruptly to 5.23½, a low record for 1928.
Substantial Italian banks with capitalizations of between one and 600 million lira were stated to be going bankrupt at the rate of one such institution every fortnight.
www.time.com /time/magazine/article/0,9171,786892,00.html   (789 words)

 Italian Trains
We finally capitulated, and Dennis pulled the last Italian lira from his wallet to pay the difference.
Several hundred people were already in line ahead of us, and a group of 40+ high school students speaking French were directed by their teachers to crowd into the front of the line.
The entrance fee had increased from 2000 to 5000 lira in the past two years, and this was low season.
www.susancanthony.com /AboutSusan/Italian_trains.html   (1240 words)

 Viccarone Italian Preziosi 18kt Italian Sicilian Gold Jewelry
Italian 18kt Gold St.Michele (Michael) Medal Made In Italia.
Italian Sea Coral Horns w/18kt Gold, Sicilian fist in Sea Coral.
Italian 18kt Gold -Image is made with a ceramic technique in Sicilia.
www.italybyvip.com /1883.html?*session*id*key*=*session*id*val*   (260 words)

 Rick Steves' Europe: Italian Lira Scam Continues to Dog Sloppy Tourists
For a generation, tourists were being ripped off by Italian merchants who rightly figured we couldn't keep track of all the zeros.
But the ghost of the lira remains to haunt us — not only in Italy but now, all over Europe.
Here's the scam: The old 500 lira coin (worth about $.25 before the Euro made it worthless in 2001) is the same size and design (silver outer ring with inlaid copper middle) as the new €2 coin (worth $2.50).
www.ricksteves.com /plan/tips/scam.htm   (226 words)

 European court slaps VW with record $86M fine - Jul. 6, 2000
Cars sold in Italy became cheaper for buyers from outside the country as the value of the Italian lira sank.
Prior to monetary integration behind the new "euro" currency, those dealers took advantage of a weak Italian lira to sell cars to non-Italian-based  customers, in particular to those from Germany and Austria.
The lira was especially weak in 1992 after the currency withdrew from the European exchange rate mechanism, which tied several national currencies to one another.
money.cnn.com /2000/07/06/europe/volkswagen   (545 words)

 RGE - Nouriel Roubini's Blog Archive 2005-07
Today's comments by Italian PM Silvio Berlusconi that the Euro has been a "disaster" and a "ripoff" are certainly dangerous and reckless: Berlusconi is playing with politics and fire by using the euro card as a way to attack Prodi and the center-left coalition in anticipation of political elections where the center-left may regain power.
However, the main problem with moving back to the lira is not the issue of the effect of a real depreciation on competitiveness as that effect, coeteris paribus, would be a positive for Italian growth.
And, certainly, the interest rate on the new italian lira debts would sharply increase as both devaluation and default risk would be sharply higher for a while.
www.rgemonitor.com /blog/roubini/archive/2005-07   (2412 words)

 Rates - ITL   (Site not responding. Last check: 2007-10-10)
Italian lira page has been deleted due to introduction of the Euro currency.
Detailed analysis of the Euro exchange rate is available on a separate page.
Italian lira exchange rates are still available in the currency converter.
www.uta.fi /~ktmatu/rate-itl.html   (37 words)

 Barry Eichengreen, Globalizing Capital
Third, you might be worried about the value of the money, and think that lira will retain more of their purchasing power than dollars will.
(Recall that ``lira'' and ``dollars'' here are just place-holders.) So the events which will raise make the lira more expensive are: an increase in Italy's current account; an increase in Italian interest rates; or increasing security of the lira's value, say by a cut in inflation.
Assuming, what is generally the case, that people buy less of things when prices rise, Americans will now buy fewer Italian products, and Italians will buy more American ones, and this will tend to eliminate the current account imbalance, restoring relative prices to their original levels.
cscs.umich.edu /~crshalizi/reviews/globalizing-capital   (3888 words)

 Italy - Country Profile - Italia - Tourism Italy
Ethnic groups: Primarily Italian, but there are small groups of German-, French-, Slovene-, and Albanian-Italians.
Analyze of the Italian fashion industry's evolution and emergence as a global force.
Italian NGO for environment, part of the International Union for Conservation of Natures (in Italian).
www.nationsonline.org /oneworld/italy.htm   (911 words)

 TIME.com: Battle of the Lira -- Oct. 10, 1949 -- Page 1
The Italian cabinet had decided not to devalue the lira, which had already been drastically devalued two years ago, but to let it find its own level on a more or less free market.
Forthwith the lira fell from 630 to more than 700 to the dollar.
The Italian government had clearly won a round in the battle of the lira.
www.time.com /time/magazine/article/0,9171,800907,00.html   (558 words)

 SSRN-The Italian Lira in the Narrow ERM Band: The Challenge of Credibility by Lazaros Molho   (Site not responding. Last check: 2007-10-10)
SSRN-The Italian Lira in the Narrow ERM Band: The Challenge of Credibility by Lazaros Molho
As improved credibility further limits their monetary autonomy, the Italian authorities will have to rely more on fiscal and incomes policies to promote disinflation.
Molho, Lazaros, "The Italian Lira in the Narrow ERM Band: The Challenge of Credibility" (February 1991).
papers.ssrn.com /sol3/papers.cfm?abstract_id=884633   (253 words)

 Italian lira | Guardian Unlimited
Said to date back to Charlemagne who struck a silver coin based on the libra (pound).
Before the unification of Italy in the 19th century a number of Italian states used lira coins.
It became the national currency after Italian unification.
www.guardian.co.uk /Guardian/gallery/image/0,8543,-10804318432,00.html   (62 words)

 Articles on Italy Travel Vacations & Discovery
Traditional Italian Easter celebrations revolve around church, food, family and friends.
The oldest of many centenarians on the island of Sardinia are helping scientists figure out why some of us sail past the 100-year mark.
If this is your first trip to Italy, remember that the Italian lira stopped being legal money after February 2002.
www.italiantrips.com /articleindex.htm   (336 words)

 Calculator for Italian Lira (ITL) Currency Exchange Rate Conversion
Enter the amount to be converted in the box to the left of the currency and press the "convert" button.
To show Italian Lira and just one other currency click on any other currency.
View the currency factors, the data sources, the update dates, and smallest currency units
coinmill.com /ITL_calculator.html   (326 words)

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