Sunday, May 31, 2015

Expo: 2.7 million visitors the first month, sold 15 million tickets – AGI – Agenzia Journalistic Italy



Chronicle

Expo 2 7 million visitors the first month sold 15 million tickets 20:58 May 31, 2015

(AGI) – Milan, May 31 – There are 2.7 million visitors from May 1 have passed through the gates of the Universal.
Was announced by the same organization of the Expo that “this puts turnout Expo 2015 in a position of absolute excellence than latest editions of the event. “
also increased the contracts signed with the authorized dealers: To date ticket sales are about 15 million.

To be favorable not ‘just the response of visitors who come to Milan to find out how the 140 participating countries have interpreted the theme “Feeding the Planet, Energy for Life”. Very positive ‘also reflected on the front of the armature for the territory: according to figures provided by the Observatory Cartasi’ – which monitors purchases by credit card – in Milan during the first 27 days of May and ‘increased by credit card transactions amounted to + 16% over the same period last year.

“The results of the first month of Expo Milano 2015 – says Giuseppe Sala, sole commissioner delegate of the Government for Expo Milano 2015 – are very satisfactory, also because ‘just this weekend brings with it’ the most ‘high inflows recorded so far. But it is not’ just a matter of numbers. That
Italian and ‘expo safe and gentle: and ‘Expo families, from children to grandparents. Their joy and’ the best reception for foreign tourists who are beginning to arrive in Italy “.

“); addCustomPlayer (’16kmxkfmhwbil1i03yl9pwl8z7′, ”, ”, 300, 360, ‘perf16kmxkfmhwbil1i03yl9pwl8z7′, ‘eplayer2′); } Else if (window.location.pathname.match (/ ^ / (show) /)) {jQuery (“# ​​bannerDinamico”). Html (“”); } Else jQuery (“# ​​bannerDinamico”). Remove (); });

LikeTweet

Falciani, information antidote evasion – ANSA.it

(ANSA) – Trento, May 31 – “It ‘s easy not to pay taxes legally” . To say, the Festival of Economics in Trento, was Hervé Falciani, the man who with his “list” has rocked the international banking system. “The antidote to this is the information,” he repeated several times. “Many countries – he said – are still working and still not allow that big companies do not pay taxes at the expense of smaller ones that, in the end, pay twice”.

ALL RIGHTS RESERVED © Copyright ANSA


 
                           

'); function ed_Related_Box_Image(){ed_Related_Counter=eDintorniRelated.Link.Record.length>=eDintorniRelated_Result_Number&&0!=eDintorniRelated_Result_Number?eDintorniRelated_Result_Number:eDintorniRelated.Link.Record.length,0==eDintorniRelated_Sponsor_Position&&(eDintorniRelated_Sponsor_Position=parseInt(Math.random()*ed_Related_Counter)+1);var e=eDintorniRelated.Link.Record[0];try{"1"!=e.Sponsor?(e=eDintorniRelated.Link.Record[1],"1"==e.Sponsor&&(eDintorniRelated.Link.Record.splice(1,1),eDintorniRelated.Link.Record.splice(eDintorniRelated_Sponsor_Position-1,0,e))):"1"==e.Sponsor&&(eDintorniRelated.Link.Record.splice(0,1),eDintorniRelated.Link.Record.splice(eDintorniRelated_Sponsor_Position,0,e))}catch(_){}for(ed_Related_Div=document.getElementById("ed_Related_Box"),ed_Related_I=0;ed_Related_I

LikeTweet

Pensions appeal tribunal welcomes: “INPS pay”. Codacons: “Now … – The Daily

->

order for payment of € 3,074 in arrears after the failure of the block indexing of pensions by the Constitutional Court . And ‘what has been established in a court order of 29 May from the Court of Naples, section work, which upheld the appeal of a retired Neapolitan presented before the government announced the decree on redemptions of pensions. It ‘as reported by the lawyer Vincenzo iron , who attended the retiree.

According to Codacons, the decision opens the way for thousands of similar pronunciations in all Italian in favor of pensioners. The Ministry of Labour, responded by recalling that the actions must take into account the decree of the Government. “This is an important decision, endorsing the class action launched by Codacons which already has more than 5 thousand pensioners by sending a warning to INPS and the Ministry of Labour – says the president Carlo Rienzi – If you will not be returned in full the money stolen from the people who participated in our collective action, will snap thousands of similar actions that can count on the important precedent of the Court of Naples. “

And the Codacons today strongly attacked the claims of the Ministry of Labour aimed to encourage retirees to avoid appeals. “The error of the Ministry is obvious – said Rienzi – The decree, in fact, that for the future, but does not erase the rights acquired by pensioners in the past, and the ruling of the consultation affects their pensions prior to which it is legitimate to propose widely appeal. ” In this sense, the Codacons invites all retirees from damaged law Fornero to join the class action on the site www.codacons.it.

->

LikeTweet

Refunds for pensions, the court agrees with a retiree: “INPS … – The Republic

Naples – comes from Naples a new tile to the government on pensions. The Court of Naples issued an order for payment of 3,074 euro as arrears in favor of a pensioner, after the failure of the block indexing of pensions by the Constitutional Court. But the government curbs and precise: the actions must take account of the decree, which took place after the filing of the appeal.

The injunction has yesterday’s date, May 29, and has been issued by the employment section of the court of Naples . The court upheld an appeal by a retired presented before the government announced the decree on refunds, albeit partial.

The government intervened by return, as soon as the judgment was announced. “Citizens who believe they see injured their own right have full recourse, but the appeals will have to take account of the government decree”, reiterates the Ministry of Labour, confirming what has been stated by Minister Giuliano Poletti on the possibility of appealing against the reimbursement Partial expected after the ruling of the consultation on pensions. “From the point of view of legitimacy – stressed Labour Minister Giuliano Poletti- convintissimi we have fully complied with the Court’s somehow stressed the limits of earlier legislation for which he chose to set aside that part of the norm.”

The clarification of the government is important to clarify the impact of the judgment, which is likely to give the green light to a series of appeals, on which the courts will rule in light of these standards and interpretation.

Arguments:
Government Renzi
pension
guesthouses blocked
Starring:

LikeTweet

Pensions, a judge reopen the case: “The INPS pay all arrears” – The Messenger

A crack. For now small, but that could grow and create a new flaw in the pension system, putting in doubt the mechanism devised by the government to contain the damage (Public Accounts) arising from the decision of the consultation which declared unconstitutional the block adjustment of pensions to the cost of living with the reform decided Monti-Fornero 2011.

On Thursday, May 28, a judge of the work of Naples, Federico Bile, has signed an injunction requested by a pensioner against INPS, and ordered the Institute to liquidate 3,047.74 euro. Practically all arrears, to the penny, accrued over the years but the frozen block of adequate pensions to inflation. The appeal, filed by the lawyer Vincenzo iron, was filed in court on May 13, before the government licenziasse the decree on the “bonus”. “This,” says the lawyer iron, “count to a certain point, since the injunction was issued after the publication in the Journal the government decree, circumstance,” added the lawyer, “which suggests that the judge knew the contents but not considered it sufficient.”

The decision to Naples, in short, could pave the way for other applications, be a precedent. Yesterday the Ministry of Labour immediately tried to throw water on the fire and put stakes. Citizens who believe they see injured their own right, have informed sources of the ministry, have every right to appeal, “but the actions must take into account the government decree.” A turn of phrase to say that you can not expect more than what the government has decided to settle with his decree, that repayments from 278 to 750 Euros at most that become zero for those with a check of more than 2,900 euro gross per month.

CONSEQUENCES
 But the crack of Naples, as we said, is likely to widen. As evidenced by the immediate position of the Codacons, the consumer association that a decree of the government has launched a collective action for damages. “This is an important decision, endorsing the class action launched by Codacons which already has more than 5,000 retirees by sending a warning to INPS and to the ministry of labor,” says President Carlo Rienzi. “If you will not be returned in full the money stolen from the people who participated in our collective action,” he continues, “will snap thousands of similar actions that can count on the important precedent of the Court of Naples.”

The Codacons Then, disputes the ministry of labor. “The error is obvious – said Rienzi – The decree, in fact, that for the future, but does not erase the rights acquired by pensioners in the past, and the ruling of the consultation affects their pensions prior to which it is widely legitimate appeal» . What will happen now? First, the injunction obtained by the pensioner of Naples is not immediately enforceable. It will only be between forty days and unless INPS does not propose action. Which probably will happen in the coming days. The two sides will be confronted before the same judge who issued the decree. That will eventually unsuccessful appeal.

The point, at least the main one, however, will not be those who will have finally won. More important will be to understand what the effect emulation, many other pensioners ie, propose action. One of the expected outcomes is that a judge may soon ask again to the Consulta to issue a final judgment, if that is 2.2 billion on 17.6 total it would take to repay “all things to everyone” put on the plate by the government Renzi, are enough to bring the pension adjustments in the scope of the Charter.

LikeTweet

Pensions, a judge reopen the case repayments: “The INPS return all” – BBC



Milan , May 31, 2015 – 08:08

     
     
 

ROME Part from Naples to attack the decree of the government on mini repayments to pensioners after the Constitutional Court ruling. With an order for Friday, May 29, the court of Naples, granting the appeal lodged by the lawyer Vincenzo iron, INPS gave 40 days to pay the assisted – and relative – the same iron 3,074 euro, ie the full repayment of the non-indexation of pension cost of living in 2012-2013, said the lawyer.

The judge’s decision Neapolitan section of the work is astonishing as it is precisely dated May 29, eight days after the entry into force of the decree by which the government It governs the effects of the decision number 70 of the Constitutional Court. The judge thus seems not to have regard to the Act made after the application was lodged on 13 May. It is clear that INPS will not pay, because if it did, would go against the law. But in that case, he said the lawyer, will open a dispute in front of the judiciary itself.
In short, we are the first step on a long path. And not only. The same iron explains that in the coming days will file other similar actions, while the association Codacons argues that the court’s decision “endorses the class action initiated by us, which already has more than 5,000 retirees by sending a warning INPS and the Ministry of Labour. ” If INPS will not return in full the non-indexation, says the president of Codacons, Carlo Rienzi, “will snap thousands of appeals that can count on the important precedent of the court of Naples.”

It is then spread to a dispute, as had been announced by many associations in the aftermath of the government decree, which ordered repayments average 500 euro, ie 20-25% of the full refund, and only for pensions up to 6 times the minimum (less than 3 thousand euro gross). Litigation that, most likely, will end up back before the Constitutional Court, when a judge asked to rule on the substance, the Consulta ask whether the decree of the government to respect the Constitution or not.
In recent days, the Minister of Labour had noted that, after the Constitutional Court ruling, retirees are of course free to have recourse, but “must take account of the decree,” which, according to Giuliano Poletti, “has fully complied As the Court has pointed out that in some way limits the previous legislation. ”
That decree that instead does not seem to have influenced the decisions of the judge of the court of Naples, to the delight of iron and of his client, a former executive of items in 82 years, taking a pension of about 2 thousand euro to month (according to the decree should receive 750 euro repayment rather than the required three thousand) and with whom “there is a family relationship,” says the same iron.
He adds: “We have always had the utmost confidence in the judiciary and our difficult work has paid off. This is just the first of a series of actions aimed at achieving recognition of the right to the revaluation of pensions. ” But the road is long.

May 31, 2015 | 08:08

© ALL RIGHTS RESERVED

LikeTweet

Saturday, May 30, 2015

GDP, Istat confirmed the turnaround: + 0.3% in the first quarter – The Republic

MILAN – Istat confirmed the reversal of the sign in front of the trend of the Italian economy, which was hit by the biggest crisis of the modern era. In the first quarter of 2015, the Gross Domestic Product (GDP), adjusted for calendar effects and seasonally adjusted, increased 0.3% from the previous quarter. Istat has therefore confirmed the preliminary estimate released on 13 May, but has revised upward than the annual figure which compares with the first quarter of 2014: GDP growth was 0.1% compared to the same popular with the estimate. This is the first increase after 13 quarters with a minus sign. Were four years that the product did not register growth as that seen in the first three months of the year: in January-March of 2011, in fact, the increase was 0.4%, while in the second quarter was settled at 0.2%.

“We are no longer the sick man of Europe. And if we go full we can return to driving the economy of the old continent,” said the premier Matteo Renzi in its enews. “The data of growth, finally positive after eleven quarters, we are told, however, that this should be encouraged restart, accompanied, supported,” he stresses. Even Finance Minister, Pier Carlo Padoan , recorded as “encouraging” data Istat and claimed the policies of the executive saying that Italy, during the work of the G7 in Dresden, has been singled out as “a good example to follow” in particular for the reforms. Table International spoke of Jobs Act and the link with the policies of tax reduction of labor, “the government will confirm in the next law of stability,” he added in reference to de-contribution of up to about 8 thousand euro for new permanent contracts. “There is a recovery that we see,” he added, “this recovery in the euro area is linked to important factors but still temporary, an accommodative monetary policy that is not always the case, a gradual recovery in inflation and the level of the euro: the real challenge is to turn it into a robust growth, and this can not go through a recovery of private and public investment. “

The first quarter of 2015, he says the institute, had one working day less than the previous quarter and the same number of working days compared to the first quarter of 2014. The change gained for 2015 amounted to 0.2%.

The wait for Istat was also related the composition of the recovery Italian, about which there are signs discordant. The first, negative, was the continued weakness of domestic final consumption fell by 0.1%. On the other side of the scale, there are gross fixed investment growing by 1.5%. “The recovery in investment has been driven by the components of the means of transport and construction, grew respectively by 28.7% and 0.5%, while that of machinery, equipment and other products recorded a decrease of 0.9%” , specifies the Istat signaling such as transport represent a strong dynamic and therefore in some ways unusual.

The Istat explains that “domestic demand excluding inventories made a positive contribution to GDP growth to 0 , 2 percentage points (+0.3 points gross fixed capital formation, household consumption -0.1 and Private Social Institutions and a zero contribution of the expenditure of the Public Administration). The change in stocks has made a positive contribution of 0 , 5 percentage points. In contrast, the contribution of net exports was negative by 0.4 points. “

You agriculture to record the highest increase in GDP with the added value that rises 6% at cyclical, driven by the boom in food exports (+6.2 percent). The agricultural sector has recorded an increase therefore even ten times higher than that of industry. To the point that the Minister of Agriculture Maurizio Martina said: “The data Istat certifies that a 6% increase in GDP in the first three months of agriculture in 2015 compared to the end of last year and the surveys the positive agri-food exports (+ 6.5% more in the first three months) tell us that our work is really on the right track. The actions undertaken in these 15 months are bearing fruit. It must continue with This tenacity in particular to reorganize the strategic sectors of Italian agriculture, better protect farmers’ incomes, push again on the promotion of Italian abroad and simplify the administrative and bureaucratic burden on companies. “

As for the future forecasts in separate monthly note Istat writes that “the information provided by economic indicators, while still heterogeneous between sectors, outlining the continuation of a cyclical recovery in the coming months.” Economic growth is therefore expected to continue in the coming months. “Based on the forecast model of short-term Istat, the economic variation of the real GDP expected for the second quarter amounted to + 0.2%, with a confidence interval of between 0 and 0.4%. Both domestic demand (excluding inventories) and foreign demand are expected to make a positive contribution. In this scenario, the acquired growth for 2015 is 0.4%. “

LikeTweet

Flop severance pay in payroll: Consultants work, asked only 567 … – AGI – Agenzia Journalistic Italy



Economy

Flop severance pay in payroll consultants work only asked for 567 employees in a million 20:28 May 30, 2015

(AGI) – Rome, 30 May – The severance pay in payroll does not convince Italians: a sample of 1 million workers, the decision to liquidate and ‘was made only 567, that is, the 0.0567%. And ‘because it reveals the Observatory Foundation studies of labor consultants, that the operation is’ proved “a flop”, a nearly two-month term of the Cabinet Decree 20 February 2015 n.29. Workers from April 3 have had the chance ‘to submit their claims to liquidate their severance pay in payroll until June 2018; However, by express provision of Dpcm liquidation payroll of the employee who made the request and ‘admitted from the month following the submission of the application: that is, from the month of May this year. According to the study, 60% of the sample has not allocated the severance pay in payroll taxes because the ordinary and ‘too penalizing. 20% said that it did not sufficiently assess the choice while 16% fear damage to future retirement. These days games are the calculations of wages for the month of May 2015 by the Labour Consultants affecting 7 million employees and over 1 million companies. In this first phase, we analyzed the data of large companies (which on average take more ‘than 500 employees) and in the coming days – refer Labour Consultants – the analysis will move’ on micro enterprises. After this first phase of development of almost 1 million salaries result in the liquidation of the payroll and severance pay ‘that only 567 workers chose to liquidate their severance pay in payroll: of these, 75% are of the North and the 25% of the South. The 43% soo workers of trade, service and tourism, industry 18%, 9% of small industry, 12% of ‘craft and 18% in other sectors.
50% of applicants and ‘included in the income bracket within the 30 thousand euro, 25% up to 20,000, 18.75% up to 40,000 and 6.25% over 40 thousand. Only 10% of workers who have chosen to settle the severance pay in payroll have taken off from a supplementary pension fund, in other cases – says the study – the severance pay was intended to INPS because ‘employees of companies with more’ than 50 employees.
“The career counselors after the approval of the operation ‘severance pay in payroll’ they quoted a poor adhesion. Today we have the confirmation and ‘data is not surprising,” said the president the National Council of Labour Consultants Marina Calderone. “This failure and ‘yet another demonstration that politics has often perception of the needs of the labor market but not’ in close contact with those who speak every day with workers and businesses. The goodness ‘of the measure and’ appreciable, but not its technical structure since ‘the taxation applied to this measure has determined his failure to date. The career counselors manage about 8 million working relationships and as always, through the National Council, which I chair, available Government to study in advance and during construction any measures going to impact on the world of work and workers. ” (AGI).

“); addCustomPlayer (’16kmxkfmhwbil1i03yl9pwl8z7′, ”, ”, 300, 360, ‘perf16kmxkfmhwbil1i03yl9pwl8z7′, ‘eplayer2′);} else if (window.location.pathname.match ( / ^ / (show) /)) {jQuery (“# ​​bannerDinamico”). html (“”);} else jQuery (“# ​​bannerDinamico”). remove ();});

LikeTweet

TFR: Consultants work, payroll only 0, 05% workers – AGI – Agenzia Journalistic Italy



Latest news

13:28 May 30, 2015

(AGI) – Rome, May 30 – The severance pay in payroll does not convince Italians: a sample of 1 million workers, the decision to liquidate and ‘was made only 567, that is, the 0.0567%. And ‘because it reveals the Observatory Foundation studies of labor consultants, that the operation is’ proved “a flop”, a nearly two-month term of the Cabinet Decree 20 February 2015 n.29. Workers from April 3 have had the chance ‘to submit their claims to liquidate their severance pay in payroll until June 2018; However, by express provision of Dpcm liquidation payroll of the employee who made the request and ‘admitted from the month following the submission of the application: that is, from the month of May this year. According to the study, 60% of the sample has not allocated the severance pay in payroll taxes because the ordinary and ‘too penalizing. 20% said that it did not sufficiently assess the choice while 16% fear damage to future retirement.
.

“); addCustomPlayer (’16kmxkfmhwbil1i03yl9pwl8z7′, ”, ‘ ‘, 300, 360,’ perf16kmxkfmhwbil1i03yl9pwl8z7 ‘,’ eplayer2 ‘);} else if (window.location.pathname.match (/ ^ / (show) /)) {jQuery (“# ​​bannerDinamico”). html (“” );} else jQuery (“# ​​bannerDinamico”). remove ();});

LikeTweet

Flop of severance pay in payroll: was asked by less than 0.1% of … – Il Sole 24 Ore

History Article

Close

This article was published May 30, 2015 at 11:20.
The last change is the 30 May 2015 at 13:00.

The Italians consider the severance pay a lot of treasure for retirement. The operation severance pay in payroll at the time so far is a flop, with less than 0.1% (exactly the 0.0567%) of the workers who made the request for the advance: the calculation comes from the Foundation labor consultants. Out of about a million salaries examined only 567 employees have asked the company to advance.

From April 3 to can apply for payment of severance pay “maturing” in payroll
The employees as of 3 April they had a chance to apply for payment of their severance pay “maturing” in payroll until June 2018. The liquidation payroll is allowed from the month following the presentation of ‘instance: ie requests from April to May. The tax on the advance is to ordinary taxation and so it is convenient only for the lower end of income.

The technical report to the stability law considered that the rule could be of interest to the 40/50% of workers
Overall the severance pay of employees is worth about 20 billion l ‘ year for the workers concerned to measure. In the technical report of the stability law the government had speculated that when fully implemented, the rule would affect about 40-50% of the workers targeted operation. Just this week – explain the consultants – “departed the processing of salaries of May 2015 by the Labour Consultants of 7 million employees and over 1 million companies. In this first phase, we analyzed the data of large companies (which on average employ more than 500 employees) and in the coming days the analysis will move on micro enterprises. After this first stage of preparation of almost a million salaries result in the liquidation of the severance pay paycheck only about 567 workers, ie around 0.05%. ”

The applicant is mostly in the North and working in the service sector
Based on the processing of consultants employed applicants are 75% located in the Centre and North 25% in the South. For the 43% work in the service sector and around 27% in industry. 25% has reditclaims up to 20,000 euro, 50% up to 30,000 euro while only 6.25% have asked having incomes above € 40,000 per year. Only 10% of those who requested the advance has taken the severance pay to a pension fund.

The tax penalty deters the request
From an interview with a sample of those who have decided not to apply for an advance that the decision was dictated primarily by the tax penalty (60% responded that he decided not to ask why the ordinary taxation is too punitive). 16% considered wrong to take the severance pay from the pension fund while 20% have not yet adequately assessed.

Cauldron: taxation applied has determined the failure
“The career counselors after the approval of the operation ‘severance pay in payroll’ – says the president of the National Council, Marina Calderone – they quoted a poor adhesion. Today we have confirmed is the data is not surprising. This failure is yet another demonstration that politics has often perception of the needs of the labor market but not in close contact with those who speak every day with workers and businesses. The goodness of the measure is commendable, but not its technical structure as the taxation applied to this measure has determined his failure to date. ”



Permalink

LikeTweet

TFR: Consultants work, payroll only 0.05% for workers – AGI – Agenzia Journalistic Italy



Economy

TFR Advisors work in payroll only for employees 05 0 11:47 May 30, 2015

(AGI) – Rome, May 30 – The severance pay in payroll does not convince Italians: a sample of 1 million workers, the decision to liquidate and ‘was made only 567, that is, the 0.0567%. And ‘because it reveals the Observatory Foundation studies of labor consultants, that the operation is’ proved “a flop”, a nearly two-month term of the Cabinet Decree 20 February 2015 n.29. Workers from April 3 have had the chance ‘to submit their claims to liquidate their severance pay in payroll until June 2018; However, by express provision of Dpcm liquidation payroll of the employee who made the request and ‘admitted from the month following the submission of the application: that is, from the month of May this year. According to the study, 60% of the sample has not allocated the severance pay in payroll taxes because the ordinary and ‘too penalizing. 20% said that it did not sufficiently assess the choice while 16% fear damage to future retirement. These days games are the calculations of wages for the month of May 2015 by the Labour Consultants affecting 7 million employees and over 1 million companies. In this first phase, we analyzed the data of large companies (which on average take more ‘than 500 employees) and in the coming days – refer Labour Consultants – the analysis will move’ on micro enterprises. After this first phase of development of almost 1 million salaries result in the liquidation of the payroll and severance pay ‘that only 567 workers chose to liquidate their severance pay in payroll: of these, 75% are of the North and the 25% of the South. The 43% soo workers of trade, service and tourism, industry 18%, 9% of small industry, 12% of ‘craft and 18% in other sectors.
50% of applicants and ‘included in the income bracket within the 30 thousand euro, 25% up to 20,000, 18.75% up to 40,000 and 6.25% over 40 thousand. Only 10% of workers who have chosen to settle the severance pay in payroll have taken off from a supplementary pension fund, in other cases – says the study – the severance pay was intended to INPS because ‘employees of companies with more’ than 50 employees.
“The career counselors after the approval of the operation ‘severance pay in payroll’ they quoted a poor adhesion. Today we have the confirmation and ‘data is not surprising,” said the president the National Council of Labour Consultants Marina Calderone. “This failure and ‘yet another demonstration that politics has often perception of the needs of the labor market but not’ in close contact with those who speak every day with workers and businesses. The goodness ‘of the measure and’ appreciable, but not its technical structure since ‘the taxation applied to this measure has determined his failure to date. The career counselors manage about 8 million working relationships and as always, through the National Council, which I chair, available Government to study in advance and during construction any measures going to impact on the world of work and workers. ” (AGI).

“); addCustomPlayer (’16kmxkfmhwbil1i03yl9pwl8z7′, ”, ”, 300, 360, ‘perf16kmxkfmhwbil1i03yl9pwl8z7′, ‘eplayer2′);} else if (window.location. pathname.match (/ ^ / (show) /)) {jQuery (“# ​​bannerDinamico”). html (“”);} else jQuery (“# ​​bannerDinamico”). remove ();});

LikeTweet

Istat confirmed the end of the recession: GDP to grow back after 4 … – The Messenger

Italy is out of the recession in the first quarter of 2015, GDP began to grow, with an increase of 0.3% compared to the last quarter of 2014. The notes Istat, confirming estimates given the economic situation. This is the biggest increase for four years.

The level of GDP is still, explain the technical Istat, “around the levels of early 2000 ‘. As for the growth in GDP for 2015 gained, that you would get that in the presence of a short-term change anything in the remaining quarters of the year, it was 0.2%. Compared to the previous quarter, the Institute continues, “the main aggregates of domestic demand trends show dissimilar, with the national final consumption slightly down (-0.1%) and gross fixed investment growing by 1.5%» .

In terms of foreign trade, he adds, “imports increased (1.4%) and exports stagnated.” In detail, “domestic demand excluding inventories made a positive contribution to GDP growth by 0.2 percentage points (+0.3 points gross fixed capital formation, household consumption -0.1 and Social Institutions and Private zero contribution of the expenditure of the Public Administration). Changes in inventories gave – he said – a positive contribution of 0.5 percentage points. By contrast, the contribution of net exports was negative by 0.4 points. “

In the first quarter of 2015 the gross domestic product rose 0.1% on an annual basis. This was communicated by Istat revising upwards the figure previously estimated trend (no change). It is the first sign more in trend terms after 13 quarters.

Stop deflation. In May, the annual price index dates back to +0, 2% from -0.1% in April. The notes Istat in the preliminary estimates. The plus comes after four consecutive months of negative values, in other words is the first positive rate since the beginning of 2015.

The so-called “shopping basket” is still on values ​​higher than the general price level, confirming also in May, up 0.8% on an annual basis (as in April and March). Detects ISTAT, referring to the price of food, care of the house and of the person.

LikeTweet

Friday, May 29, 2015

The US GDP declining depresses the stock – BBC



Milan , May 29, 2015 – 19:12

     
     
 

The Milan Stock Exchange closed down a conducted almost always sitting around the same, then to worsen in the final in the wake of the disappointing US macroeconomic data, among which are the contraction of the US GDP in the first quarter and the Chicago PMI index, fell surprisingly in May. On European markets, also it continues to weigh the uncertainty surrounding the negotiations on the debt greek. The final budget has seen the FTSE MIB, weighed down by financial, store the session with a decline of 1.05% to 23,495 points, while the All Share lost 0.98%.

Estimates declining

US stocks down after the negative data on GDP for the first quarter and on the company’s results for the same period. The US government has lowered the estimates of gross domestic product to 0.7% from + 0.2% forecast last month. Economists had expected a revision to -0.8%. With a GDP of the second quarter expected around + 2%, the US economy is headed towards the worst first half since 2011. The ratio to GDP has also highlighted that corporate earnings for the quarter were down 8.7% over-year, with corporations weighted by the rise of the dollar and domestic companies penalized by crude oil prices. The uncertainty of an agreement between Greece and its international creditors weigh on market sentiment. Meanwhile, the GDP of Greece in the first quarter is confirmed down 0.2%. The country back into recession then, after emerging last year by six consecutive years of negative growth.

May 29, 2015 | 19:12

© ALL RIGHTS RESERVED

LikeTweet

USA BAG down after GDP contraction in the first quarter – Reuters Italy

May 29 (Reuters) – US stocks down in the morning after the negative GDP in the first quarter and the corporate results for the same period.

The US government has lowered the estimates of gross domestic product to 0.7% from + 0.2% forecast last month. Economists had expected a revision to -0.8%.

” The Fed’s monetary policy looks ahead while the GDP is by definition a rearview mirror and the important thing now is that there has been a rush down, “said Adam Sarhan, CEO of Sarhan Capital in New York.

“For now the Fed is data-dependent and also the GDP today was weaker than expectations, which eliminates the threat of an imminent rise in interest rates, “he added.

With a GDP of the second quarter expected around + 2%, the US economy is headed towards the worst first half since 2011.

The report on GDP has also highlighted that corporate earnings for the quarter were down 8.7% on year, with corporations weighted by the dollar rises and domestic companies penalized by crude oil prices.

Even the uncertainty of an agreement between Greece and its international creditors weigh on market sentiment.

At around 17 the Dow Jones sells 0.7%, the S & amp; P 500 0.6%, the Nasdaq 0.7%.

Eight out of ten sectors in the S & amp; P 500 are negative, with industry falling by about 1%. More …

LikeTweet

US: GDP revised down, -0, 7% in the first triemstre – AGI – Agenzia Journalistic Italy



Economy

15:16 May 29, 2015

(AGI) – Washington, 29 May – The US economy is and ‘contracted by 0.7% in the first quarter. The figure for GDP in the second reading, and ‘was revised down from + 0.2% of the initial estimate. Analysts had expected a decline of 0.8%. The US GDP has greatly slowed its run, after + 2.2% in the fourth quarter and the + 5% in the third quarter of 2014. In the first quarter of 2015 the economy was affected by the stars and stripes of the cold climate of February and the closure of the west coast ports.
trade deficit and the accumulation of stocks, weighed on the downward revision of US GDP in the first quarter. The strong dollar weighed on the trade deficit to 1.9% of GDP instead of 1.25% previously estimated.
Even the profits before taxes of large companies fell by 8.7%. The value of wholesale inventories and ‘was revised down and passes 110.3000000000 to 95,000,000,000 dollars.
The accumulation of stocks it has therefore weighed 0.33% of GDP compared to 0.74% previously estimated. Consumer spending ‘was revised downwards from 1.9% to 1.8%. (AGI).

“); addCustomPlayer (’16kmxkfmhwbil1i03yl9pwl8z7′, ”, ”, 300, 360, ‘perf16kmxkfmhwbil1i03yl9pwl8z7′, ‘eplayer2′);} else if (window.location. pathname.match (/ ^ / (show) /)) {jQuery (“# ​​bannerDinamico”). html (“”);} else jQuery (“# ​​bannerDinamico”). remove ();});

LikeTweet

Istat confirmed the end of recession: GDP + 0.3% in the first quarter, the … – Il Sole 24 Ore

History Article

Close

This article was published May 29, 2015 at 10:25.
The last change is the 29 May 2015 at 11:07.

Italy out of recession in the first quarter 2015, the GDP is growing again, with an increase 0.3% compared to the last quarter 2014. The notes Istat, confirming the estimates of 13 May on the given economic situation. This is the biggest increase for four years. In the first quarter of 2015, GDP rose by 0.1% instead of an annual basis. In this case, ISTAT revised upwards since the trend previously estimated (no change). It is the first sign more in trend terms after 13 quarters. The first quarter of 2015, says the Institute, has had one working day less than the previous quarter and the same number of working days compared to the first quarter of 2014.

The level of GDP is still , explain the technical Istat, “around the levels of early 2000 ‘. As for the growth in GDP for 2015 gained, that you would get that in the presence of a short-term change anything in the remaining quarters of the year, it was 0.2%.

Stall consumption, but investment in recovery
At the beginning of 2015, household spending is falling back on a cyclical basis, albeit slightly (-0.1%), after one last time when he had shown signs of recovery. Istat instead registered a sharp increase in gross fixed capital formation, increasing 1.5% from the previous quarter, so that the trend has given the best result for four years (+ 0.4%). In terms of foreign trade, adds, imports increased (1.4%) and exports stagnated. In detail, domestic demand excluding inventories made a positive contribution to GDP growth by 0.2 percentage points (+0.3 points gross fixed capital formation, household consumption -0.1 and Social Institutions and Private contributions zero expenditure of Pa). Changes in inventories provided a positive contribution of 0.5 percentage points. By contrast, the contribution of net exports and ‘was a negative 0.4 points.

Boom agriculture at the beginning of 2015
worth noting that agriculture began in 2015 marking a significant increase in the value added, grew by 6.0% in the first quarter since the last of 2014, when he recorded a fall of 4.3%. He communicated that the Istat reported positive data for the industry excluding construction (+ 0.6%) and construction (+ 0.5%), and was found a short-term change nothing in the services sector .



Permalink

LikeTweet