Thursday, April 30, 2015

Istat: the unemployment rate rose again – IN DIES

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In March 2015 the employed decreased by 0.3% (-59 thousand) compared to previous month. He communicated Istat specifying that after declines in December and January and the slight increase in February there was a rise in unemployment in March.

Compared to March 2014, employment declined 0.3% (-70 thousand) and the employment rate by 0.1 points.

In twelve months the number of unemployed increased by 4.4% (+138 million) and the rate unemployment of 0.5 points.

Commenting on these data, the Labor Minister, Giuliano Poletti said Istat figures should be read “in an overall picture where positive signs are crossed with the elements of criticality typical of an economic situation still not stabilized. “

(Source ISTAT)

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Jobs Act, the debut is a flop – the manifesto

The Jobs Act does not have it done to attack unemployment, and it must be said that for the time being also the recruitment incentives do not bite. The Istat data for March (first month of life of the contract to increasing protections, third regarding relief) are merciless: the rate of unemployment, record the statistical institute, he began to rise again in March: to 0.2 percentage points compared to February, bringing to 13%. The climb came after the declines in December and January, and the slight increase in February. This is the highest level since November last year (then had scored 13.2%).

Male youth unemployment, which is also began to rise again: in March has exceeded the threshold of 43%. The rate marks an increase of 0.3% (also higher than the general, see under the government guarantee young people, made in Poletti): changes to share 43.1%, from 42.8% in February. This is the highest level since August 2014.

People seeking employment in March was therefore 3,302,000, up 1.6% compared to February (52,000 more). In the same month the employed were registered 22.195 million, down 0.3% on a monthly basis (-59 thousand units).

Going by gender, the male unemployment rate amounted to 11, 9%, while the female is 14.3%: on-year increase respectively of 0.2% and 0.9%. The male employment rate is 64.5%, decreased by 0.2 percentage points, while that of women, 46.7%, remains the same.

Panorama gloomy even as regards the first quarter of the year, that between incentives and Jobs Act therefore did not shine: no restart, despite the good wishes of the Government. “There have been significant improvements,” says the Mayor. According to seasonally adjusted data, in the first quarter of 2015, employment returned to decline: -0.2% change in the cyclical average compared to the fourth quarter of 2014.

Apart from the attack on the government by the opposition, and the substantial failure of onset of the Jobs Act, “Istat data again belie the optimistic slogan of the government. And reforms of Renzi are useless and ineffective to decrease the unemployment rate in our country – say the senators Cinquestelle – The unemployment rate increased to 13% and we have 52,000 more people without work than in February: the Jobs Act not only serves to increase employment but even making layoffs easier, expanding the audience of the unemployed. “

” In March, lost 59,000 jobs. Record unemployment at 13% and Renzi think Italicum. Other than Jobs Act, “says Giovanni Toti Forza Italy. And Matteo Salvini (League) says, “I wish I knew what it says Renzi of dramatic Istat. I ask him, Poletti, Alfano, on the eve of Labour Day. “

Meanwhile, the three unions are preparing to celebrate May 1 in Pozzallo, dedicating this day to immigrants:” No more war and tragedies in the Mediterranean “, which can not and must not be” a graveyard “but represent” a bridge for those seeking a retreat “in Europe, said the three general secretaries, Susanna Camusso, Annamaria Furlan and Carmelo Barbagallo. They call for “a breakthrough” in the EU and support the need to create a humanitarian corridor, along with a rescue plan to avoid “the exodus” from the countries of origin.

In Piazza San Giovanni, the usual Concertone union, and is confirmed as the now traditional concert in Taranto.

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Pensions, tile on the accounts of the State: There, rejected the norm … – Quotidiano.net

Rome, 30 April 2015 – The Constitutional Court declared unlawful under the Save Italy decree passed by the government Monti, that provides the mechanism of equalization, or blocking of the adjustment to the cost of living pension higher three times the minimum INPS matured in the years 2012-13. This is the Article. 24 of Decree Law 201/2011, the so-called norm Fornero, that interest 6 million pensioners.

The ruling of the consultation was filed today . “The interest of pensioners, especially holders of pension benefits modest – says the measure – is aimed at the preservation of the purchasing power of the sums received, hence so consequential to the right a social security benefit adequate. This right, constitutionally established, is unreasonably sacrificed in the name of financial needs not explained in detail. ”

MINA ON ACCOUNTS OF THE STATE – N otevole l ‘impact on the public accounts . The State Legal estimated that the adjustment was worth 1.8 billion for 2012 and 3 billion for 2013. illegitimate becoming the norm, therefore, would be lost almost 5 billion of revenue. And the unions are even talking about 10 billion hole for public purse . Why, they say, those retirees who have been taken away something, now should be repaid.

UNIONS: return the stolen AI PENSIONATI- “After the story of esodati another resounding blow to law Fornero: the decision of the Constitutional Court confirms that the so-called reform is not in feet and that the current rules need to be changed. ” So Vera Lamonica, confederal secretary of the Cgil , comments on the ruling. Lamonica for “the government is wrong not to open an urgent debate on how to change the law as a whole. Now – concluded the union leader – must should promptly return the stolen goods to pensioners , starting from those with allowances equal to three times the minimum “.

Uil and Cisl rejoice and ask to pay retirees. “A judgment that finally does justice”. It said in a note to Domenico Proietti, confederal secretary of the UIL and Romano Bellissima, general secretary of Uil-Retired. “ The decision of the Constitutional Court confirms the unfairness and inappropriateness of the act on the equalization of pension cost of living,” says the confederal secretary of Cisl, Maurizio Petriccioli who hopes that the ruling will ” serve as a warning for the future, both for the government and for Parliament. ”

CGIL: THE HOLE ‘OF 10 BILLION – I 6 million pensioners interested in blocking the adjustment of pensions and the’ hole ‘for the treasury State that according to sources ranging from five to almost 10 billion euro. According to the unions, in particular the Spi-Cgil, the hole could open up is over five billion and nearly 10 billion. Pensioners would not have been paid a total of 9.7 billion euro , equivalent to a loss per capita average of 1,779 euro. The State Attorney instead had placed on the scales, which offset the possible acceptance of the appeal, the figure of about 5 billion that the state should have return to pensioners: 1.8 billion for 2012 and 3 billion for 2013.

MISE: “PENSIONERS HAVE THE RIGHT TO THOSE MONEY” – If you declare unlawful the failure to pay the adjustment, those retirees now have the right to have it. The consequence is that adaptation is payable “. So ANSA Deputy Minister of Economy Enrico Morando , noting he had not yet read the written judgment.” After we will evaluate what to do. “

FORNERO: WAS NOT MY CHOICE – Elsa Fornero, that gives its name to the rule declared illegitimate, is called out. ” N on was my choice, “ says former Minister of Labour, pointing out that it was a decision” around the Government “taken to make savings in the short term.” I’m reproached for many things – but says that was not my choice, it was the thing that cost me more. “

SALVINI: UNO SBERLO AL PD -” A beautiful sberlone to Fornero, the Democratic Party and who voted that infamous law “: so, talking with ANSA, Matteo Salvini said the rejection of the council.” But now – adds Salvini – aspect to Renzi an answer to what I said, to overcome the infamous law, ready, if necessary, to vote on a proposal League-Democratic Party. “

THE REASONS FOR BROWSE – To raise the question of constitutionality had been, with various orders between 2013 and 2014, The Court of Palermo, section work; the Court of Auditors, the legal section for the Emilia-Romagna; the Court of Auditors, the legal section for the region Liguria.

According to the consultation, the reasons set out at the base of the decree are bland and generic, while the outcome that occurs for retirees is heavy . “It must be recalled – reads the judgment – which, for the manner in which it operates the mechanism of equalization, any loss of purchasing power of the treatment, even if limited to short periods, is, by its nature, final. Subsequent revaluations will, in fact, calculated not on the actual value of the original, but the last nominal amount, that the non-adjustment has already been affected. “

” The complaint relating to paragraph 25 of Article. 24 of Law Decree no. 201 of 2011, if examined under the profiles of the proportionality and adequacy of the pension – says the ruling – suggests that they have been validated the limits of reasonableness and proportionality, with resulting injury to the purchasing power of the treatment and irremediable frustration of the legitimate expectations nurtured by the employee for the time after the termination of their activities. “

” are, therefore, ntaccati fundamental rights related to the pension relationship , based on unequivocal constitutional principles: the proportionality of the retirement benefits, understood as deferred compensation (art. 36 Constitution) and adequacy (art. 38). The latter is to be understood as an expression of some, though not explicit, the principle of solidarity “(Art. 2) and” at the same time implementation of the principle of equality “(art. 3).

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Male unemployment, but Istat and Bank of Italy are optimistic – AGI – Agenzia Journalistic Italy

Male unemployment but Istat and Bank of Italy are optimistic 20:43 April 30, 2015

(AGI) – Rome, April 30 – The recovery is struggling to take its toll on the labor market and in March the unemployment rate back to 13%. At the same time, Bank of Italy and Istat estimate a favorable evolution of GDP that will manifest ‘next year with less shyness. But returning to the labor market, after the declines in December and January and the slight increase in February, the figure calculated by ISTAT and ‘grew by 0.2 percentage points more. This is the level most ‘high unemployment from 13.2% in November last year. The jobless increase on a monthly basis by 1.6% (+52 thousand).
In the twelve months the number of unemployed and ‘increased by 4.4% (+138 million) and the unemployment rate of 0 , 5 points. In a month the employed decreased by 59,000 units ‘, returning to the level of April 2014. Compared with March 2014, employment and’ instead of falling 0.3% (-70 thousand) and the employment rate of 0 , 1 points.
The bad news of the labor market also affect young people. Among the aged 15-24, the share of unemployed in the total assets (employed and unemployed) and ‘amounted to 43.1%, up 0.3 percentage points from the previous month. In March, the number
of occupied and ‘decreased compared to February both for the male component (-0.4%) and, to a lesser extent, for females (-0.1%). The male employment rate is 64.5%, and ‘fell by 0.2 percentage points, while that of women, 46.7%, and’ remained unchanged. Overall, in terms of trends, among men it is a decline in the employment rate (-0.2 points), against an increase in the unemployment rate (+0.2 points) while the rate of inactivity ‘and’ left . For the female, the growth in the unemployment rate (+0.9 points) and ‘accompanied the decline in the rate of inactivity’ (-0.5 points) and a slight drop in the employment rate (-0.1 points ).
“The unemployment numbers,” said the general secretary of the CGIL, “and say exactly what ‘the emergence of the country: then May 1 can not’ to be directed to look at the job as the need ‘ crucial. It should be the daily obsession of our government but I do not think that this is the big issue. ” But to Istat also allow a critique of the Jobs Act, “confirms once again that clear rights does not create jobs,” urges the CGIL.
Cautious and ‘instead of the replica of the Minister of Labour, Giuliano Poletti. “The figures released today by ISTAT,” says, “should be read in an overall picture where positive signs intersect with critical elements’ of a typical economic situation still not stabilized.”
Meanwhile, good news on the growth that is fueled by the estimates of the Bank of Italy and Istat. Italian GDP will return ‘to grow in the first quarter of 2016 despite the less encouraging recent data on economic trends, said Giorgio Gobbi, Head of the Stability’ Financial Bank of Italy commented on the report on the stability ‘of the financial’ institution. And they say to Istat, in the monthly note on economic, that “the composite indicator forerunner of the Italian economy showed a favorable evolution, being positive for the fourth consecutive month, confirming the signs of improvement in support of ‘activities’ in economic activity during the first half’ of the year. ” (AGI).

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Unemployment rises further: 13% in March, more than 43% among young people – AGI – Agenzia Journalistic Italy

17:33 April 30, 2015

(AGI) – Rome, April 30 . – The recovery is struggling to take its toll on the labor market and in March the unemployment rate back to 13%. After the declines in December and January and the slight increase in February, the figure calculated by ISTAT and ‘grew by 0.2 percentage points more. This is the level most ‘up from 13.2% last November. The jobless, increase on a monthly basis by 1.6% (+52 thousand). In the twelve months the number of unemployed and ‘increased by 4.4% (+138 million) and the unemployment rate by 0.5 points. In a month the employed decreased by 59,000 units ‘, returning to the level of April 2014. Compared with March 2014, employment and’ instead of falling 0.3% (-70 thousand) and the employment rate of 0 , 1 points. The bad news of the labor market also affect young people. Among the aged 15-24, the share of unemployed in the total assets (employed and unemployed) and ‘amounted to 43.1%, up 0.3 percentage points from the previous month. In March, the number
of occupied and ‘decreased compared to February both for the male component (-0.4%) and, to a lesser extent, for females (-0.1%). The male employment rate is 64.5%, and ‘fell by 0.2 percentage points, while that of women, 46.7%, and’ remained unchanged.
Overall, in trend terms, among men it was actually a decline in the employment rate (-0.2 points), compared with an increase in the unemployment rate (+0.2 points) while the rate of inactivity ‘and’ left. For the female, the growth in the unemployment rate (+0.9 points) and ‘accompanied the decline in the rate of inactivity’ (-0.5 points) and a slight drop in the employment rate (-0.1 points ).
“The unemployment numbers,” said the general secretary of the CGIL, “and say exactly what ‘the emergence of the country: then May 1 can not’ to be directed to look at the job as the need ‘ crucial. It should be the daily obsession of our government but I do not think that this is the big issue. ” But to Istat also allow a critique of the Jobs Act, “confirms once again that clear rights does not create jobs,” urges the CGIL.
Cautious and ‘instead of the replica of the Minister of Labour, Giuliano Poletti. “The figures released today by ISTAT,” says, “should be read in an overall picture where positive signs intersect with critical elements’ of a typical economic situation still not stabilized.”

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Italy, unemployment on the rise in March showed one weakness … – Reuters Italy

MILAN / ROME (Reuters) – Back to rise the unemployment rate in Italy, to report as the re-start of the economy expected for the first quarter, combined with the debut of the tax cuts and regulatory changes, has not resulted in an improvement of the situation of the labor market.

According to the monthly estimates by Istat to spread this morning March, the month in which entered in force the rules on the contract at increasing protections for new employment, the unemployment rate rose to 13% from 12.7%, the highest level since last November, compared with a consensus for a slight decrease to 12.6%.

The figure also reflects the tax relief for companies that hire with stable contracts under the law of stability in January.

The situation is slightly less negative in the comparison of the quarter, which show a decline in the unemployment rate of 0.2% compared to the last part of 2014.

But this compared with an employment rate decreased by 0.1% to 55.5% and an increase of 0.2% of the rate of inactivity to 36%.

“The most plausible interpretation is that today’s data represent a ‘further expression of the uncertainty with which you are starting the recovery, “said Stefania Tomasini, economist Prometeia.

According Tomasini, 2015 will be more of a year of adjustment for the Italian labor market. “We continue to believe that the recovery will strengthen in the coming quarters. The average for the year, however, the unemployment rate is expected to remain at 12.7%, ie the level of 2014″.

The president of INPS and economist Tito Boeri believes that it is decimal, so “it’s like unemployment and employment had stabilized. We are within the statistical error. “

Maintains a vision “constructive” Fabio Fois, economist at Barclays: “We continue to judge positively the reforms, the positive effects of which will be highlighted during the year” More …

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Istat: unemployment rises again, + 0.2% in March. Among young … – Il Sole 24 Ore

History Article

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This article was published April 30, 2015 at 10:15 am.
The last change is the April 30, 2015 at 11:45.

Back up to the unemployment rate. After the declines in December and January and the slight increase in February, in March the unemployment rate estimated by Istat in fact increased by 0.2 percentage points to 13%, remaining one of the highest levels. On a monthly basis, there are 52 thousand more unemployed (+ 1.6%) while in the twelve months the number of unemployed increased by 4.4%, amounting to 138 thousand more people, and the unemployment rate by 0.5 points .

Youth unemployment rises above 43%
concern is in particular youth unemployment, which has risen more than 43 percent. This is the highest level since last August. The number of young people out of work shows a slight increase on a monthly basis: 8 thousand at most equal to +1.2 percent. Also in March, it notes the latest provisional estimate of employed and unemployed diffused by the Institute of Statistics, there are minor changes in the labor market participation of young people between 15 and 24 compared to February. Youth employment is largely stable last month: the employment rate is 14.5 percent. The number of inactive young people has dropped by 0.3% on the month (-11mila). The inactivity rate of young people aged 15 to 24 years decreased by 0.1 percentage points, reaching 74.5 percent.

Employment rate 55.5%
Overall, the employment rate, also in March, fell by 0.1 percentage points month on month to stand at 55.5 percent. After the drop in February, also in March 2015, the employed decreased by 0.3%, amounting to 59 thousand less, returning to the levels of last April. On an annual basis, employment is down by 0.3%, amounting to 70 thousand less, and the employment rate of 0.1 percentage points.

Opposition to attack the government
The spread of estimates Istat immediately triggered the opposition, which was inspired by the negative data on employment to attack the government. “Like every month, after the enthusiasm of Renzi and Poletti comes the cold shower ISTAT: increase unemployment and youth unemployment. And mo ‘? “Tweeted immediately Renato Brunetta, leader of Forza Italy in the Chamber of Deputies, commenting on the latest data. Speaking on Radio Padania, the League leader Matteo Salvini asked account “of the dramatic unemployment figures released by Istat … I ask Renzi, Poletti, Alfano, on the eve of Labour Day.”

Capezzone: Renzi care does not work
From the ranks of the center came after criticism of Capezzone (FI), chairman of the Finance Committee of the Chamber. “Istat data just out, very worrying in terms of unemployment (and even more alarming in terms of the youth) show that the` care Renzi’ not working. Spin and propaganda are not enough, “he said in a statement, in which he raised the” alternative recipe “of fittiani” a real positive choc-tax (therapy drastic tax cut), against the logic of the `zero point ‘, which brings Italy nowhere. ”

Camusso: Istat data in real emergency in the country
On the sidelines of the commemoration ceremony of Pio La Torre and Rosario Di Salvo, in Palermo, the leader of the CGIL, Susanna Camusso, has instead identified in unemployment numbers the exact definition of what constitutes “the emergency in the country”: “The theme of the work should be the daily obsession of our government, but I do not think so either.”



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European stock markets all negative at the start, weigh US GDP and Fed – AGI – Agenzia Journalistic Italy

09:24 April 30, 2015

(AGI) – Rome, April 30 . – Starting in red European shares, after the disappointing data on the US GDP in the first quarter. London moves back of 0.08%. In Milan the FTSE Mib marks -0.14% to 22,963 points. Frankfurt and Paris gives him 90.2% to 0.2%.

Tokyo Stock Exchange: Currency in loss, Nikkei -2.69% The Nikkei closes sharply lower, after the disappointing results of the US GDP in the first quarter. The Nikkei moves back of 2.69%, the loss more ‘strong 4 months now.

State Securities: spread BTP / Bund opens below 120 points In early trading, the spread between ten-year BTPs and German counterparts and ‘to below 120 to 119.90 points, compared to 121 points of yesterday’s close. The yield amounted to 1.47%. The differential Bonos / Bund marks 119 points to a rate of 1.44%.

Euro Opens soaring above $ 1.11 after Fed L ‘it opens euro soaring above $ 1.11. Yesterday, the Fed has dismissed the prospect of a rise in US interest rates, recording a worsening labor market. Today, however, the BOJ left its monetary policy unchanged. The greenback, consequently, has the knack of reversing. The euro changed hands at 1.1109, euro / yen to 131.90 and dolaro / yen to 118.75.

Oil prices stable, WTI above $ 58 The price of oil and ‘stable. On Asian markets, Light crude futures WTI retreat of 1 cent to $ 58.57 and Brent give 32 cents to $ 65.52 a barrel.

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Wednesday, April 29, 2015

Banks: Bank of Italy estimated 1.7 billion profits from 2015 to 2016 thanks to the ECB Qe – Italian Stock Exchange

(Il Sole 24 Ore Thomson Financial) – Rome, April 29 – The program to purchase securities by the ECB, the so-called Qe, bring ‘a gross profit additional to Italian banks, estimates the Bank of Italy, 1 , 7 billion in the years 2015-2016. In particular, it said in a study published in the series ‘Issues in Economics and Finance’, the increase in profits before tax would be 300 million this year and to 1.4 billion in 2016. “The net interest reduce in 2015 due to the decrease in long-term rates which would result in a decline in lending rates was not offset by a reduction of the remuneration of deposits, already ‘close to zero’ says the study that examines the effects of Q and on government bonds but also the other two programs of purchasing activities’ private finances. “Since 2016, however, the increase in the volume of credit-induced economic growth would contribute to the increase in net interest income”.

GGz

(RADIOCOR) 15/04/29 11:00:00 (0242) NEWS 3 NNNN


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Housing market recovering in Irpinia. – Irpinia News

Sales of real estate and providing loans in recovery in Italy and also in Irpinia. The confirmation comes from the estate of Avellino.

The fact that bodes well for the whole construction sector has been spread by ISTAT and refers to the housing market that, in 2014, started to move recording a positive sign. Something that had not occurred for seven years.

In particular, increased in the months of October, November and December last year sales of property for residential use with a general growth, compared to the same quarter of 2013 , 4.9%, and salt to 5,8% if you take into account only the southern regions .

Between October and December, 92.5% of transfers property concerned property for housing and accessories (155909), 6.8% real estate units for loss (11,411) and 0.7% (1,136) housing units for special service and timeshare (excluding boats). The recovery was seen in all types of use, to a greater extent the real estate units for economic (+ 9.2%, compared to + 4.8% for units for housing and accessories).

A trend, that found that the Institute of Statistics, in the province of Avellino, is confirmed by the estate operating in the area.

“In fact, after an annus horribilis, at the end of 2014 there were signs of recovery – confirmation Louis Chiusano Tecnocasa – you are confirming that even in these early months of 2015. There is more demand and are closing more contracts. Of course, it is not that the market has started running, but compared to how things were before, there are good signs. “

To facilitate the sale was definitely the collapse of interest rates.

As always refers to Istat, even for mortgages, loans and other bonds with real estate mortgage entered into with banks or non-banks 2014 it is a year of growth: + 9.2% on 2013, with increases more determined, above the national average, which were recorded in the South with 13.6%.

“In fact, – adds Luigi Chiusano – enter into loan agreements with interest rates between 2.80% and 3.30% is something not seen for almost thirty years, “.

The trend is up sharply in the first quarter of 2015.

For the official data is still early, but a reading of thumb it can be assumed that, at least in Irpinia, the growth being recorded may be higher one just spread by ISTAT.

“Finally something is moving in Avellino – echoes Emilio Valentino, owner Nicola Del Sorbo Abaco Estate Agency -. I can confirm that there is more attention, at least people are starting to ask again to view apartments, which, in a period of total discouragement like that a few years ago, it was even more. Growth confirmed by Istat bode well, even though we are well below the levels of transactions that were recorded up to 7-8 years ago. For who is looking for a house – adds Valentine – there is no doubt that this is the ideal time to buy, especially for those who must go to a bank for a contract loan, with interest rates that are very affordable. “

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General socio Caltagirone favor multiple voting – Reuters Italy

TRIESTE , April 29 (Reuters) – The introduction of multiple voting in general is an extremely positive because it rewards members who believe in the long-term in the company.

He said Francesco Gaetano Caltagirone, a shareholder of the company with 2.23% , met in Trieste where tomorrow will hold the shareholders’ meeting.

“I think it’s very positive for all members who believe in the long-term benefit in society,” he said Caltagirone answering the question of what to think of the introduction of the possibility of multiple voting.

“It goes in and out for speculative reasons; after all is not exactly what allows the company to make long-term programs, something that the insurance industry needs, so it’s fine, “he added.

This morning, in an interview with La Stampa, the president of General Gabriele Galateri it has announced it will start a discussion on the introduction of multiple voting.

Gianluca Semeraro

On the site www.reuters.it other news Reuters in Italian. The top news also on www.twitter.com/reuters_italia

© Thomson Reuters 2015 All rights assigns Reuters.

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Berlusconi, AC Milan and Mediaset in the market: The era of passions … – The Republic

MILAN – Hands Thai (those of Mister Bee) on Milan. Mire Australian (read Rupert Murdoch) and French (Vivendi Vincent Bolloré) of Mediaset. The revolution of Fininvest gathers pace. And in the name of profit – the only thing that matters in economy – Silvio Berlusconi is preparing to sacrifice a piece of his heart and his history as the Rossoneri and look for a partner with which to ferry the TV Arcore age of convergence between telecommunications and media.

“Fininvest is healthy and is output by four years of crisis very solid financially and ready to seize development opportunities,” said Pier Silvio Berlusconi today. For now, though, it sells. The farewell to AC Milan is a pure question of money. Toy football has cost the former Knight something like 600 million of losses in 30 years. Satisfactions sports are no longer those of the past and to build the stage you need to open your wallet again. Allowance Bee (or those who put on the table the possible Chinese rivals) has a row of zeros – it comes to an evaluation close to 500 million – able to water down the pain of the fans even more inconsolable.

Unlike the speech for televisions. Mediaset is recovering from a difficult period: “Advertising has fallen by 40%,” said Pier Silvio and only a heavy political cost-cutting has enabled the group to exit the tunnel and return to profit in 2012 after losing 235 well million. Cologno but is too small to do it all alone in a world where they serve large investments – only rights Champions 2015-2018 had to pay almost 700 million – and where the arrival of Google, Facebook & amp; C. is forcing the king ether to go to a wedding with the giants of tlc.

The visit of Murdoch in Villa San Martino and the courting of the Alfa Bolloré (“We have an excellent relationship, we are many fields in which we could work together “) show that the network of home Berlusconi and the group’s presence in Spain are attractive commodity in this risiko. The Stock Exchange has long understood. It has pushed prices to Mediaset upward by 35% year to date: in these minutes the shares are traded on the Milan Stock to 4.7 euro, and the company is worth 5.5 billion euro, 300% more than that November 2011 when Silvio was forced to give up the chair from the spread of Palazzo Chigi. Since then the value of its stake in the company has grown from 400 million to 1.8 billion. And nearly 400 million has already been received by selling them the 7.79% on the market earlier this year.

“We are courted by so many. But whatever we do, the control of Mediaset is not in question,” he guaranteed Pier Silvio today. Will. Meanwhile Fininvest continues to make money. Between Milan and placements of Mediaset and Mediolanum has already held almost 1 billion of liquidity. If you have to sell another 20% of the company’s Ennio Doris, as requested by the Bank of Italy after being convicted for tax evasion former premier, he will pocket another billion, what will he do with all that money? They will be divided among the children or will serve to close the era of balances and really start that growth? The answer will come in the coming months. But surely they have a nest egg more than enough to console trouble Berlusconi of Forza Italy and the inglorious end of the era of the Covenant of the Nazarene.

Arguments:
Milan
Mediaset
fininvest
Mediolanum
Vivendi
Starring:
Silvio Berlusconi
Pier Silvio Berlusconi
Mister Bee
Rupert Murdoch
Vincent Bolloré

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Mediaset: Piersilvio Berlusconi, we maintain control group – AGI – Agenzia Journalistic Italy



Economy

Mediaset Piersilvio Berlusconi maintain control group 18:14 April 29, 2015

(AGI) – Milan, April 29 – “The control of Mediaset and not ‘under discussion’: and ‘as said the deputy chairman of Mediaset, Pier Silvio Berlusconi, speaking of possible agreements with the French telecommunications giant Vivendi. “There ‘a big focus for us – added Pier Silvio Berlusconi – by international groups. We will work in all possible collaborations maintaining the certainty that our group will remain’ Italian ‘. As for Vivendi in particular, the vice president of Mediaset reiterates that “operations are possible but not control ‘into question.” And still, to this day, there ‘nothing concrete.

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Businesses and consumers less optimistic, declining confidence – TGCOM

– In the US consumer confidence fell this month to 95.2 points, down compared to March, mainly because of the slowdown Labour Market. In April, the Eurozone, the index stood at -4.6 points from -3.7 last month. The ups and downs of the economy, therefore, seems to affect the confidence a bit ‘everywhere.



Businesses and consumers less optimistic, declining confidence

Even the current expectations of Italians are not very rosy. They are not, at least, according to the latest ISTAT. Our country, once a “target” of the rating agencies, has now been “promoted” by Fitch expects that GDP growth, albeit slight (+ 0.6%) – for the Bank of Italy the measures of the ECB will an impact of up to 1.4 percent of GDP in the years 2015-2016 – to confirm the end of the prolonged recession.

Meanwhile, on the front of the shooting, Italian consumers are more cautious. Explains the fact that Istat worse opinions on the economic situation of the country (to -62 from -57) and also the expectations (10 to 22).

It does not change much if there is to comment on the economic status of the families. The balance between positive and negative drops, in this case, to -48 from -45, while the prospects pass from -6 to -10. In general, the composite index of consumer sentiment decreased in April to 108.2 from 110.7 the previous month. And they are decreasing, in fact, all the indices of the components of confidence: the economy, passing from 144.1 to 134.4; that staff, to 98.9 from 99.7; the current one, to 101.3 from 102.2 and 118.6 to 123.6 in the future.

As for the corporate world, the climate varies according to the sector of economic activity. For example improves the index in manufacturing (to 104.1 from 103.7) and in retail trade (to 105.9 from 103.0), while falls to construction companies (to 113.3 from 116.0 ) and market services (to 104.4 from 108.1).

In manufacturing companies improve the assessment on orders (to -10 from -11 balances), but production expectations remain stable (10); constructions worsen both the opinions on orders or construction plans (to -38 from -36) and employment expectations (to -12 from -11), confirming the downward trend that has hit the sector more than other years the crisis.

In the service companies eventually worsen expectations for orders and the general economic (balances respectively 2 to 4 and 8 to 17). Stable, however, the opinions on the level of orders. In retailing improve judgments on current sales (3 -5), while expectations on future sales worsen (26 from 28).

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Pope: a scandal that women earn less. ” It denounces … – Il Sole 24 Ore

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This article was published April 29, 2015 at 11:03.
The last change is the April 29, 2015 at 11:31.

The Pope has called for ‘equal pay’ for men and women, in the course of ‘ general audience in St. Peter’s Square. “It is a pure scandal” that equal work women have lower pay, denounced Pope Francis, who called it “machismo” gesture of Adam, that “when God asked him why he had eaten the apple blamed for “Eve.” A culture, the macho, strongly denounced by the Pope.

Pope: the unequal remuneration is a pure scandal
“Why is taken for granted that women should earn less than men? “If it is asked Papa Francesco Generala Audience catechesis today, in which it held that ‘the difference between the sexes is a pure scandal.” He said that “as Christians we have to become more demanding, for example, we support the right to equal pay for equal work.”

“macho say that emancipation woman threatens family ‘
Not only. Papa Francesco denounced once again the damage that makes the machismo in our society, starting from the common place for which the crisis of the traditional family, with the lead of the decline in marriages, it is the fault of women’s emancipation. “This – he chanted the Pope – is also an injury, and is a form of sexism: the man who always wants to dominate.”

“Adam sexist, defend women ‘
” So – he added – we do the poor showing of Adam, that to justify having eaten the apple responded to Lord: “She gave it to me. ‘” According Bergoglio Christianity can not be macho, “the Gospel – he said – he defeated the culture of repudiation usual, when a husband could divorce impose even with the most specious reasons and humiliating.” “We need to protect women,” said Francesco while the crowd cheered.

“A few wedding and many separations, culture wins provisional ‘
The Pope then defended the institution of marriage. “It ‘a fact that people who are married are less and less, this is a fact, young people do not want to get married, instead increases the number of separations while decreasing the number of children,” he ascertained the Pope in the general audience in which , starting from the story of the wedding at Cana, he spoke of the “beauty” of marriage. The “victims” of separations, said Francis, are always the children, and called to question why young people are afraid of stable bonds and suffer the “culture of provisional ‘



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The Italian boat finds a tailwind: sales up 2 … – Il Sole 24 Ore

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This article was published April 29, 2015 at 8:16.

After years of hard crisis, the turnover of the Italian boat starts to grow. According to the first data available in the new edition of Nautica in figures, prepared by the Research Department of UCINA Confindustria nautical, it appears that the industry revenues in 2014 amounted to 2.5 billion euro, with an increase of 2.1% compared to 2013.

A figure in line with the lowest estimate of the forecasts made in September, in which he foreshadowed a growth of between 2 and 7%, but still very important indication. And if, in terms of production, the domestic market in 2014 still shows a drop (-6.2%), the start of a positive trend for boating is confirmed by data supplied by the leasing Assilea, which show growth 15.4% in 2014 over the previous year and an increase of 30% in the first quarter of 2015.

“The boat production – says Stefano Pagani Isnardi office Ucina studies – shows signs of recovery, for the time being determined entirely by exports. The shipbuilding industry, the leading sector of the production, in 2014 registered an increase of 1.9% compared to 2013. The growth of the sector stems from the 2.7% of exports, while the domestic market (Italian products sold in Italy plus imports) fell by 6.2%. ” The share of production of pleasure boats destined to foreign markets remains stable on the previous year’s record: 93%. Enhances employment with a 1% increase.

The sub sector of accessories and components is an increase of 3.1% in 2014. The growth, given the stability of the Italian production (+ 0.2%) was due entirely to imports, which rose by 13.3%.

The data recovery, according to the president of UCINA, Carla Demaria, “are encouraging and come after very difficult years. During the first quarter of 2015, moreover, are further improved. We take confidence in the future and the association wants to renew itself to better respond to the new demands of the market and its associates. For this reason, at times extraordinarily low, we will submit to the vote of the amendments to the statute of our association, in full implementation of the reform of Confindustria. We will be more effective and at the same time will enjoy the highest possible representativeness of the whole boating industry. “

Positive data on leasing spread by Assilea. In the first 90 days of 2015 have doubled the number of new contracts, and the value of the sums paid over the same period last year (for new units is about 15% growth on the equivalent period of 2014). And this is the signal, explain Ucina, “indicating a recovery of the internal market, can not be read in the data for last year.” In the period from January to March also it grew significantly the number of leasing of units used, which exceeded 50% of total new contracts, due to the disposal of the stock accumulated in the years of crisis, under existing agreements stranded.



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