Saturday, March 14, 2015

Crisis, Padoan: “Ample opportunity” Visco: “It ‘time to seize the … – TGCOM

– “The government is not there is an atmosphere of relaxation. Two things you should not do: sin of excess optimism and not seize the incentives to make reforms “. So Pier Carlo Padoan spoke at the Ambrosetti workshop in Cernobbio, stating that “the window of opportunity macroeconomic is very wide.”



 Crisis, Padoan: & quot; Ample opportunity & quot;Visco: & quot; It 'time to seize the opportunities & quot;

One of the “key words at the root of the philosophy of the government”, says the minister, is that “reforms are implemented,” and this is the “leitmotiv that we feel here and in Europe.” “It ‘s just as important to the launch reforms – says -. And the government is devoting much attention to how to improve the implementation. We try to automonitorarci and introduce efficiency indicators “.

Visco:” It ‘burst optimism “ -” There is a new optimism that there was up to a few weeks ago – says Ignazio Visco -. And ‘success with the Quantitative Easing broke optimism. But there are more positive stories in quantitative in Europe and Italy “.

” We must seize the opportunity and this is the time to do it, “added the governor of the Bank of Italy. Bankitalia confirmation then estimates of growth in Italy, saying that GDP will rise to “more than 0.5% this year and 1.5% in 2016″.

Visco: “Decline of the greater expected “- ” The force with which the change is coming down is greater than expected, and the decline is perhaps induced by another, as do measures of monetary policy. “And ‘what then observes the Bank of Italy governor talking weakening of the euro following the Quantitative easing by the ECB.

But collapses construction – A negative signal, however, comes from the world of construction. Istat noted fact that were lost 500 thousand jobs by the end of 2009 to December of 2014, a number equal to a quarter of total employment. It ‘a contraction unparalleled in any other sector of the economy.

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