Terrorism and the economic crisis have made Tunisia a powder keg dumping migrants all over Europe and threatening to ally with China if its requests for huge economic aid are not met
INTERVIEW WITH PIERO CANOVA, GM OF UNICOOP TIRRENO - Plan to reduce energy consumption, customer focus and fair prices on essential goods - This is how the Coops of Tuscany, Lazio and Umbria are facing the energy crisis
The 50 Top Italia 2023 Guide awards the best places in Italy that represent the authentic gastronomic soul of the nation, enhancing territoriality at affordable prices. The complete ranking of the 50 award-winning restaurants
We publish the premise of the new book by Lodovico Festa and Giulio Sapelli, published by Guerini and goWare, "Dragons or chaos. The great disintegration: does Italy have a way out?" - But a basic doubt remains: Draghi at the Quirinale is…
Saturday 6 on FIRSTonline "The hands of the economy" by Fabrizio Galimberti and Luca Paolazzi will answer all the major questions on the economic situation: is there a risk of a loss of momentum or not? Are we facing temporary or structural inflation?
The Assonime assembly clearly focused on the importance for Italy not only of a substantial rebound in the economy but of the formation of a ruling class that can accompany a profound renewal of the country through reforms
To move on after the pandemic and after twenty years of season or recession, Italy - warns Governor Visco - must be able to make the best use of the resources of the Recovery and demonstrate to the whole of Europe that the trust placed in our country…
46 billion euros in 2020, 8,4 in the first four months of 2021 - Served 10 companies belonging to the SME and Mid Cap segment - Over 17 requests received last year
The latest report from Mediobanca's Research Area compares the three major crises of the last 50 and argues that, thanks to greater capital solidity, the impact of the crisis triggered by Covid-19 on Italian industry could be less than that lived in…
In the latest bulletin, the Central Bank confirms "the maximum commitment to take any action necessary to support the citizens of the Euro area - 1.310 billion to the banks from LTTRO III - 2020 GDP -8,7%, unprecedented collapse in the second quarter
The renewal program that Prime Minister Conte will present to the States General, also containing some measures of the Colao Plan, will have to start from young people and prepare for them the necessary tools to build a more innovative, sustainable economic and social system…
The forecasts released on June 10 by the OECD of the everlasting Gurria leave us very perplexed for at least 3 reasons and contradict previous estimates by the same Parisian body but above all they appear already outdated
INTERVIEW WITH BEPPE VACCA, political philosopher and former parliamentarian and president of the Gramsci Institute - "The fall of the world economic cycle is not a surprise but the consequence of having faced the 2007-8 crisis by proposing the same model of…
In a hearing before the Transport Commission, Extraordinary Commissioner Leogrande provides the first information on the effects of the coronavirus: revenues in free fall in March and April, 70 million euros of tickets reimbursed
To convert our industrial apparatus in the face of the Coronavirus emergency, it would be necessary to replicate the Industrial Mobilization of the First World War which allowed us to resist on the Piave.
Where did the voters' revolt against the establishment come from? From the economic crisis or from the crisis of democracy? Or has the former changed the latter? Here's what the survey by political scientists Morlino and Raniolo published by "il Mulino" reveals
Istat estimates that the Italian economic stagnation will continue throughout the third quarter of 2014 - In fact, in the short-term forecasting model, the cyclical change in GDP forecast for the third quarter is equal to zero.
To get out of the quagmire of stagnation, Europe must abandon austerity and launch a policy that finally makes growth possible - There may be many recipes, but the most effective one is a 50% VAT cut for the whole continent,…
Citigroup, the world's largest financial services firm, entered into an agreement with US authorities over subprime mortgage lending investigations in 2008. The withdrawal of the investigations will cost the American company as much as 7.000 million…
A conference promoted by Cabel is held today in Florence (Hotel Baglioni, 15pm) to focus on the opportunities that the crisis offers to the local bank - Speakers include experts such as Ruozi, Furore and Patalano, many local bankers,…
Euro area GDP growth expectations overestimated and the impact of austerity policies on the economy underestimated - The same organization explains it in a report - Errors also in Italy.
RESEARCH REF CIRCLE -. Major crises, like earthquakes, end with reconstruction - Where are we with the financial crisis that began in the Anglo-Saxon world on 9 August 2007 and became European three years later? Is that…
EURISPES REPORT - 22,4% of Italians also resort to installments to support medical expenses - 30,8% are unable to make ends meet with their income - 69,9% have ascertained, over the last year, a…
CONFERENCE of the BCC of CASTAGNETO CARDUCCI on Saturday 28 September in Marina di Bibbona (Hotel Marinetta, 9.30 am) on the economic scenarios and the role of the local bank and cooperation - Speakers by economists Marcello Messori, Lorenzo Gai, Giulio Sapelli…
Five years later, it must be recognized that not enough has been done to solve the problems that led to the failure of Lehman -? Indeed, one gets the impression that a large part of finance has soon returned to…
SACE updates its assessments on Egypt. The Egyptian government has approved a USD 3,2 billion emergency plan to revitalize the economy over the next 10 months, without introducing austerity measures so as not to increase social tensions. But survival…
The latest bulletin from the Frankfurt institute is cautiously optimistic - The rating cuts in Italy and France will have limited impacts on the bond markets - GDP growth expectations corrected downwards - Requests for structural reforms in the labor market…
Between April and June -1,7% of takings - The number of admissions drops by 7 percentage points - Mostly Italians and Spaniards stay at home - "The economic crisis in southern Europe and bad weather conditions in France have penalized us", declares…
Intesa Sanpaolo's analysis indicates that the current crisis and recession scenario is aggravated by the lower weight of loans compared to GDP, while the exchange rate risk and inadequately hedged non-performing loans weigh on households and businesses.
SACE's Economic Analysis and Research Office dedicates the new issue of Focus On to the Cyprus bailout, analyzing its timing and methods and hypothesizing future scenarios for the European Monetary Union.
According to the most recent income statistics released by Istat, Italy has suffered an impoverishment from the crisis and the recession that threatens to throw it out of the club of the richest states - But the country is not all the same: Bolzano is…
The intensity of the crisis is not common: Italy is in full recession but the USA and China, while slowing down, continue to grow - The 2012 GDP numbers are pitiless - If he wins the elections and is called to govern,…
MEETING OF THE BCC OF CAMBIANO - "Beyond the crisis: the local area, businesses, families and the role of the local bank" is the theme of the annual training meeting promoted on Saturday 24 November in Florence by the Bcc of Cambiano, third…
Is it budget rigor that leads to growth or is it economic recovery that facilitates rigor? Since 2008, two alternative strategies have been confronting each other: Europe has chosen the priority of rigor, the USA favors growth - the IMF puts…
The most important question that we are facing is that of the lack of increase in productivity in the last ten years - It should not be forgotten that, if we want to intervene effectively on growth, we must face together the problems of the economy and those of…
The ECB has now prepared an explanatory press kit that will cover the timeline, which will spread over several years, and the more advanced security features of the new banknotes.
INTERVIEW WITH MARCELLO MESSORI - To get out of the recession, a European strategy would be needed to support aggregate demand but, in the absence of this, businesses and trade unions could immediately enter into negotiations aimed at raising productivity with the help…
The World Trade Organization does not see rosy for world trade: it expects growth of 2,5% (previously 3,7%), and prospects for economic growth at 4,5% (previously it was 5,6%) - Director Pascal Lamy does not want protectionist actions
The German electronics company will cut thousands of jobs between October and November due to the crisis. In fact, the German giant suffered a 43% drop in orders in 2012.
On the recommendation of Prime Minister Medvedev, the Russian Ministry of Economic Development has prepared a document with two possible scenarios in case the eurozone dissolves: one moderately optimistic and another more pessimistic
Alarm cry of the International Monetary Fund on Spain: possible increase in tensions and recession until 2014
The study by the Confindustria Study Center publishes its usual report on the health of the economy "Congiuntura Flash" - The light cannot be seen at the end of the recession and Europe is responsible.
Six amendments by 30 senators (first signatory Mario Baldassarri) to strengthen the spending review in view of the final vote on the law: more spending cuts, lower taxes for households and businesses, more divestitures, less debt and more growth - For…
At European summits there is a stone guest called aggregate demand: a coordinated and extraordinary reduction in taxes aimed at consumption and low-middle incomes could facilitate the revival of demand, increase disposable income and reduce…
The chairman of the Federal Reserve, speaking in the US Senate Banking Committee, announced that US GDP growth remained below 2% in the second quarter - The crisis in the Eurozone continues to represent a risk factor…
The automotive sector in a broad sense and information technology are the areas most affected by the crisis and for which discussions have been launched at the ministry: 24 automotive companies, 23 ICT companies - followed by chemistry (18 companies involved),…
What saved Italy in the 90s was not Ciampi's concertation of '93, which had merits and defects, but Amato's monstrous maneuver of '92 - Concertare si può, but without confusion of roles between social parties and…
Mussari proposes a variable salary linked to the bank's productivity and management results - Via Nazionale asks for the compensation and severance payments of top management to be regulated - The new Barclays scandal: double severance pay for the CEO.
The East Forum underway today in Rome is an opportunity for discussion, analysis and synthesis on this issue - The current phase of crisis must push us to rethink the growth model of our economies - The industrial sector and…
Tomorrow's ABI meeting will have to deal with Bankitalia's severe analysis of the real state of health of Italian banks, but one question remains: who should lead the inevitable industrial conversion of our credit system? - The…
The number one of the International Monetary Fund sounds the alarm: even "Brazil, China and India are slowing down" in a more or less marked way - Europe has made "progress" with the agreement reached in Brussels last Friday, but "it is necessary Do more".
The worsening of the global crisis pushes Draghi and China to lower rates and the Bank of England to buy bonds: it is a tacit concert of central banks - Only the Fed is missing but there are many signs…
Just seven months after his landslide electoral victory over the past 30 years, Spanish Prime Minister Rajoy has no solution to a crisis where Spain risks being the first state to need…
The new funds pledged by member states to the International Monetary Fund have risen to 456 billion dollars: Russia and India will contribute 10 billion each, from China another 43 billion - Surprisingly canceled the scheduled meeting between the president…
Difficult start for Piazza Affari - The single currency below 1,25 against the dollar - Uncertain day on the markets, especially for Italy - Nyt: "Monti is fighting the battle to give Italy a new shape under the shadow of the crisis 'EUR" -…
In 1933 the unforgettable Italian-American New York prosecutor Ferdinand Pecora managed in one month to lay bare the intrigues of the financiers at the origin of the Great Collapse of '29, paving the way for the Glass Steagall Act: Obama remembers it for…
According to Antonio Guglielmi of Mediobanca, the sovereign debt crisis resembles a game of Texas Hold'em: Germany is bluffing, and will choose the card of community integration at the last moment. The markets can help, by revealing the overvaluation of bunds…
The governor of the European Central Bank, after this morning's directorate which confirmed interest rates in the eurozone: "Economic growth remains weak, with high uncertainty and growing downside risks" - And the Frankfurt technicians cut…
The technical difficulties of the intervention, according to the experts who spoke to the National Economic and Labor Council, must not lead the Government to give up an extraordinary debt reduction operation, necessary to reduce interest expense, restore credibility to the …
Extensive research by Arel on the condition of youth in Italy coordinated by Tiziano Treu and Carlo Dell'Aringa - Flexibility is not precariousness and the causes of youth unemployment do not depend on precariousness but on structural elements - The difference between Italy…
The International Olympic Committee has decided that a city between Tokyo, Istanbul and Madrid will host the 2020 Games - According to the IOC report, Madrid is a strong candidate, but it risks paying for the economic crisis that…
The hypothesis of expelling Greece from the euro area as a solution to the sovereign debt crisis should not even be taken into consideration: the cost would be 10 times the total amount of the plans developed to date to keep it inside - We must…
Only on March 19, the central institute instead estimated a drop of 4,5% - Confirmed instead the forecast of an average unemployment rising to 19%, from 17,7% in 2011.
PDL Proposal - Endowment of 70 million, a one-off contribution of up to 5.000 euros to small entrepreneurs and artisans who are unable to access credit - And a request to the Revenue Agency to intervene.
PROMETEIA REPORT - According to the Bologna economic forecasting center we are only halfway through the crisis that broke out in 2007 and will last until 2019: 12 years in all before returning to production and growth levels as…
CONGIUNTURA REF - According to a recent report by the Milan research center, the crisis in Italian industry goes far beyond the economic cycle and reaches levels that affect wages, employment, profits, investments but above all widen the competitive differential with the others…
According to the latest bulletin from the central bank, the euro area will be favored by very low short-term interest rates and by the various measures adopted to promote the proper functioning of the financial sector.
BANCA INTESA REPORT ON THE DISTRICTS - The new CEO of Intesasanpaolo, Enrico Cucchiani, indicates three objectives for the bank to put itself at the service of the Italian economy: the internationalization of companies, the capital strengthening of SMEs and innovation - De Felice: "L impact of the crisis…
NEW PROMETEIA FORECAST REPORT - Monti's measures mark a radical turning point but it will take a long time to get out of the crisis - The euro, however, will be saved - The collapse in food consumption aggravates the recession - The spread…
The latest Report of the McKinsey Global Institute supports it by adding public debts and private debts - How then do you explain the bizarre triple A? Partly with a presence in a currency area other than the euro and partly with a central bank…
According to the ECB president, there are "signs of downward stabilization of economic activity" - But "we continue to think that economic activity will gradually recover in the euro area in 2012 thanks to developments in global demand, interest rates…
2011 bequeaths an atrocious doubt: should we celebrate the tenth birthday of the euro or prepare for its melancholic funeral? - The euro war has entered its crucial phase with an escalation that has transformed the crisis in Greece into…
Excessive austerity and rigor on public finances causes recession and is bad for Italy, for Europe but also for Germany - Pulling the rope too much can prove counterproductive for everyone and imposing German discipline on Europe can also be disastrous…
"Crucial but not sufficient in themselves": these are the words with which the director general of the International Monetary Fund (IMF), Christine Lagarde, qualified the Franco-German agreement for a new European treaty.
"A more intense contraction is expected in the coming months" - Italian companies will cut investments at the end of 2011 - The financial crisis and restrictive fiscal policies contribute to weakening consumption".
The profound transformations of the last ten years have brought enormous benefits to Brazilian society, economic growth is modernizing the country and on an international level, Brazil´s influence is getting stronger and stronger. Also thanks to the Brics acronym which ten…
Spain goes to the polls in full crisis. Risk of default and employment crisis weigh more than the indignados. The country wants a change with respect to the Zapatero management and for this reason the right of the "grey" Rajoy enjoys the favors of the forecast with respect…
This is what emerges from the VIII Asia Observatory Annual Conference: the emerging economies of the Asian continent are suffering the consequences of the deadlock of the US system and the serious European debt crisis. The growth of China and India is slowing down, while…
The prime minister of the Asian giant met his Austrian counterpart Heinz Fischer in Vienna: "Europe has all the skills to overcome the debt crisis, we are confident"
AN ECONOMIST/AN IDEA - It is not austerity but growth that can lead us out of the crisis: two Nobel prize winners like Joseph Stiglitz and Paul Krugman say so - But it is still hard to understand that true growth has…
The German government has reduced its gross domestic product growth estimates for next year: 1% against the 1,8% of the previous estimate. In particular, exports, which have always been the pride of Berlin's economy, will suffer the consequences of the crisis: +3,5% in…
The low value of the Chinese currency is bringing US companies to their knees: this is why the Senate has approved a law that provides for a tightening of customs duties, in order to make Asian products less competitive on the domestic market.…
However, the president of the Federal Reserve seems more optimistic about the final part of the year: "Probably the recovery will be faster." And he underlines the negative influence of the European crisis and in particular of the Greek default risk, asking Congress to act on 4…
It's called CDD, from the initials of the community of 38 people on the western outskirts of Rio. The goal is to stimulate the local economy and promote the sustainable development of the area, offering 5-10% discounts if payment is made with the new banknotes.…
The small town in Lazio - 600 inhabitants - has printed 20 bills of its new currency in protest against the government move. But this is only the latest case: other parallel economic systems with a local circuit in France and Germany. In the…
The summit was organized to discuss the measures to adopt to support growth and to develop a coordination of economic policies. This morning the minister was received by Napolitano.
Chapeau to Zapatero who resigned ahead of time when he understood that the Spanish crisis required change - The gray Rajoy, leader of the conservatives but born loser, has the opportunity of a lifetime because the country wants change and…
The announcement after the meeting between the government and representatives of banks and businesses. A table is scheduled for next week to finalize the interventions
The director of the IMF returns to office after the warning to European banks on the need for recapitalization. "Global growth is slowing down, joint and incisive action is urgently needed"
INTERVIEW WITH SEGOLENE ROYAL - The socialist leader returns to the field in the primaries of the PS and attacks: "Dangerous relations between political power and banking power. Before the States helped the banks, now they are on their knees. It is necessary to guarantee greater…
The maneuvers on the deficit are not enough to recover confidence - It is necessary to attack the public debt and really support growth: the fiscal devaluation (less social security contributions for companies and workers in exchange for more VAT) can be an immediate solution…
Reducing the area of those who are neither employed nor unemployed is one of the pre-conditions for the recovery which requires investments in innovation, quality, training and human capital - The comparisons between Italy and Spain on the labor market are enlightening but…
INTERVIEW WITH ANGELO TANTAZZI - For the president of Prometeia it is time to speak clearly to the country because the problems are not only cyclical: reconciling growth and high public debt is very difficult and a strong discontinuity is needed - But…
Bernanke acknowledges that the recovery is lower than expected but professes to be optimistic and postpones any decision on new support for the economy to September - The markets, however, expected concrete initiatives and the stock exchanges respond by selling securities - The president…
OPEN LETTER TO THE SECRETARY OF THE PDL. It would be an unforgivable mistake to rake in more resources and distribute them to local authorities or to this or that category rather than to development with an adequate reduction in taxes on labour, with equal balances.
The data relating to the second quarter of the year marks a small decrease compared to the first three months of 2011 (+0,3%). Sudden stop in Germany
Sweden is no longer a Nordic paradise but is emerging from the crisis in a big way: with sacrifices and reforms. Pensions, healthcare, school, contracts, privatisations: everything has changed. Perplexity about Fiat's problems: at Volvo the company contract is…
According to the investment bank, the US economy will grow by only 1% in the fourth quarter against the 2,5% expected and will slow further early next year
Overall industry activity picked up in the week ended 12 August, but more than three-quarters of this was refinancing of outstanding loans
Group turnover and profits are growing, but in stores that have been open for at least a year, sales are down by 0,9% compared to 2010, a sign that large segments of the population continue to cut consumption
