1- Istat sees pink: the economy will improve in the coming months
According to the Statistical Institute, the positive signals from manufacturing companies continue, household consumption increases and the signs of a strengthening of inflation are confirmed. Read the full article.
2- Wall Street on record, Piazza Affari at stake
Wall Street returns to effervescence and reaches new all-time highs with the Dow Jones and the Nasdaq – European stocks contrasted instead and Piazza Affari loses momentum in the afternoon (-0,17%) due to the heavy losses of cooperative banks, FCA and Telecom Italy - Unicredit, savings are flying - Hera one step away from the FtseMib. Read the full article.
3- Spread, Padoan: "Reducing debt"
The number one of the Treasury reiterates that "the reduction of the public debt is a central objective of the government's strategy" - "Last year's deflation hurt us". Read the whole article.
4- Banks, bad debt alarm: 1 euro out of 5 lent has deteriorated
Mediobanca's Research Area presented an unpublished report on the NPLs and non-performing loans of 490 Italian banks at a conference promoted by the La Malfa Foundation, which shows that non-performing loans amount to 176 billion euros (equal to 4 times those of European banks , which however are often full of derivatives) and net non-performing loans to 76,2 billion which, if sold en bloc, would reduce the assets of the banking system by 17%. Read the full article.
5- France: Sarkozy on trial for black funds
In the 2012 election campaign, the former president of the French Republic would have greatly exceeded the spending limit of 22,5 million euros using false invoices for 18,5 million issued by a public relations company, Bygmalion. Read the full article.
