Economy
Tuaca liqueur was produced in Livorno until 2010; the famous distillery was closed and operations were brought to the United States by the new owners. Galliano is still made here and enjoyed by locals and tourists alike.
The city and port have continued as an important destination for travelers and tourists attracted to its historic buildings and setting. The port processes thousands of cruise-ship passengers, many of whom take arranged buses to inland destinations, especially Florence.
Since the beginning of the 20th century, Livorno has been noted for its Orlando Shipyard. Workers there in 1911 built the armored cruiser, Georgios Averof, the flagship of the Greek Navy during its victorious battles against Turks in the Balkan Wars and World War I. The city has also developed a substantial petrochemical industry.
Read more about this topic: Livorno
Famous quotes containing the word economy:
“The basis of political economy is non-interference. The only safe rule is found in the self-adjusting meter of demand and supply. Do not legislate. Meddle, and you snap the sinews with your sumptuary laws.”
—Ralph Waldo Emerson (1803–1882)
“War. Fighting. Men ... every man in the whole realm is in the army.... Every man in uniform ... An economy entirely geared to war ... but there is not much war ... hardly any fighting ... yet every man a soldier from birth till death ... Men ... all men for fighting ... but no war, no wars to fight ... what is it, what does it mean?””
—Doris Lessing (b. 1919)
“Everyone is always in favour of general economy and particular expenditure.”
—Anthony, Sir Eden (1897–1977)