Italy has a modern social welfare system. The labor market enjoys relative strength, with many foreigners, especially from Romania, working in Italy where the wages are much higher. But it could have been much more workers on the labor market because men and women already retired in the age of 57 and the unemployment rate is relatively high at 8.2 percent. Italy's modern society has been built up through loans and now the country has a catastrophic high debt of €1.9trn or 120 percent of the country's total GDP. And the government cannot pay back the loans during the time period the EU wish.