The Eurozone grows more ‘expectations, well Italy – AGI – Agenzia Journalistic Italy

17:12 September 8, 2015

(AGI) – Rome, Sept. 8 – Improve data growth in the eurozone in the second quarter and the Italian economy, albeit slightly, further than expected. He does know Eurostat, the European Statistical Office, according to which the GDP of Europe in nineteen recorded a + 0.4%, slightly up on the latest estimates (+ 0.3%). The GDP of the Union as a whole, according to Eurostat, advancing instead of 0.4%, down compared to the previous quarter (+ 0.5%). Positive but slow the pace of recovery of our country: the GDP of Italy in the second quarter of the year registered an increase of 0.3%: the figure marks a decline from the first quarter, when it had recorded 0.4 %, but a slight improvement from the estimates that gave the Italian product growing by 0.2%.
Improves the German figure (+ 0.4%) in the second quarter of 2015, an increase compared to the first (+ 0.3%). Instead collapses France, with zero growth (0%) between April and June, well below the 0.7% clocked between January and March. And ‘it rises for Greece, where GDP rose from 0.1% in the first quarter to 0.9% in the second quarter.
The data on the growth coming from Brussels confirm estimates of Document economics and finance, according to which the Italian GDP at the end of this year will amount ‘to + 0.7%. The Italian economy “is getting better but it ‘s still fragile and must be strengthened,” said Economy Undersecretary Pier Paolo Baretta, that the country is not’ more ‘”in the culmination of seven years of recession and you can’ a glimpse slight improvement in economic data. “
” sees a way out of the recession – continues Baretta – the economy grows wild but also as a result of the measures taken by the government Renzi “. According to the analysis of Baretta, the former prime minister Mario Monti “took a train that was derailed and put him in the track. Letta has tightened the bolts but then needed a jolt, a gear box ‘to a train going slow “. Government action and Renzi ‘was addressed to strengthen the recovery and now – he said “we are glimpsing the positive effects.” “We have reached 0.7% – he concluded – we can improve it.” The upward revision of GDP data for the euro zone pushes up the European stock markets, which have traveled positive for the entire session.
(AGI).