Low growth drags down euro-zone prospects
http://dervishcom.blogspot.com/2011/08/low-growth-drags-down-euro-zone.html
MANZANO, Italy — The traditional network of small family companies that put this city on the map after World War I as the self-proclaimed chair capital of the world has become a burden, presenting the kind of challenge that lies at the heart of Italy's — and southern Europe's — economic struggles.
After a century in the furniture-making business, for example, the Constantini family has its connections wired, with a network of neighbors it relies on to bend wood for chair frames, craft metal parts and upholster the final product. At its peak, Manzano's guild-like system involved perhaps 1,200 family firms.
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Source: http://feeds.washingtonpost.com/click.phdo?i=4596215f15aae43840793e70eced2105
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