Confindustria, the most ‘confidence on GDP and employment – AGI – Agenzia Journalistic Italy

Economy

14:07 September 17, 2015

(AGI) – Rome, Sept. 17 – Confindustria believes in a recovery of Italy’s left but ‘still “fragile” and “modest”. The center studies of industrial raised their estimates of GDP and sees ‘pink’ also on the work front: the 2014-2016 biennium will close ‘with half a million jobs in more’. The CSC is expected that in 2015 the GDP will record ‘a 1% increase (from 0.8% of forecast widespread in June) and in 2016 by 1.5% (from 1.4% in June). The recovery, however, ‘warns the study center, is mainly dependent on external factors and it’ still fragile and modest. “The analysis of the current situation,” the report said, “it suggests that this time the country shines more ‘of reflected light that its own merits.” Measures “placed first in Law of Stability ‘and that’ in the pipeline, can strengthen the intensity ‘of the recovery of the Italian economy, which remains fragile and modest compared to the lost ground, the pressures that come from the outside and to the rhythms that you are needed to close the chasm of production income and employment dug by two deep recessions and consecutive “. According to a number of industrial, Giorgio Squinzi, you can ‘do more’. A return of the Italian economic growth at a rate of 2% per year and ‘possible also thanks to the reform of the government. “The 1% or even 1.5% growth are definitely a good result compared to the only series of negative numbers we have experienced in these dramatic years of the crisis,” he said. “But we must focus more ‘up to repair the damage of the crisis is the need for jobs, especially for young people. For some time I argue that we must return to grow at least 2%. I am convinced – he added – that the’ Italian economy can take a road of change. Thanks to the action of a government that has already ‘taken a number of important and positive steps that have announced that they will launch’ of the others that I judge very relevant “.
About the number of employed industrialists predict that this year will continue ‘to grow, with an increase on average of + 0.9%. In 2016 it will record ‘a + 1% and the two-year period will close’ with 278,000 employees less than at the end of 2007, but with +494 thousand compared to 2014. In contrast, the unemployment rate will come down ‘more’ than expected: it is estimated to 2015 a 12.2% (12.3%) and for 2016 a 11.8% (12%).
So “with the right incentives, Italy reacts in the manner and with the ‘ intensity ‘expected. We need to do more’ and more ‘decision, “it said in the report that finally mentions just as an example” the important results achieved by the measures in the workplace. ” For the industrialists, “more public and private investment remain the hub to consolidate the return to growth and should be supported by ad hoc measures and resources.” (AGI).

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