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Tag: Italy

Italy Consumer Morale Declines to 85.3 in June, Lowest Since 1996

Jun 22 2012 09:01:16 in Market

Italy's ISTAT' consumer confidence index dropped to 85.3 in June, the lowest since Jan 1996, from 86.5 in May. Sub-index measuring sentiment on the economy plunged to 59.7 from 64.2 while sentiment on respondents' personal finances eased slightly to 94.8 from 95.2. Read more

Italy June Consumer Sentiment Falls To Record Low

Jun 22 2012 09:01:14 in Market

Consumer confidence in Italy deteriorated to a record low in June, and came in below economists' expectations, data released by statistical office Istat showed Friday. The consumer confidence index dropped to 85.3 in June from 86.5 in May. Economists were looking for a reading of 86. Read more

Italy to Miss 2012 Deficit Target- Treasury Undersecretary

Jun 21 2012 18:31:08 in Market

News    Italy to miss 2012 GDP target to lower the budget deficit to 1. Read more

Italy Non-EU Trade Balance Swings To Surplus In May

Jun 21 2012 10:31:04 in Market

Italy's trade with non-EU countries resulted in a surplus in May, compared to a deficit last year, data released by statistical office Istat showed Thursday. The trade balance turned to a surplus of EUR306 million in May from a deficit of EUR1.877 billion in the same month last year. Read more

Berlusconi - Italy Should Consider Leaving Euro Exit if German Denies New Role for Ecb

Jun 20 2012 20:31:13 in Market

Italy should consider leaving the euro unless Germany agrees to the ECB acting as a guarantor - Berlusconi said on Wednesday. "Leaving the euro is not a blasphemy," he wrote on his Facebook page. Read more

Italy April Industrial Orders Fall More Than Expected

Jun 20 2012 11:01:07 in Market

Italy's industrial orders decreased more than economists expected in April, data released by statistical office Istat showed Wednesday. New orders received by Italian industrial units declined an unadjusted 12.3 percent on an annual basis in April, following the previous month's 14. Read more

Italy Industry Orders Inches Lower, Declines 1.9 Pct M/m in April

Jun 20 2012 09:01:09 in Market

Italian sea/adj industrial orders fell 1.9 pct m/m in April, following a 3.5 pct rise in March, data showed. The Orders slumped 12.3 pct y/y in unadjusted terms after falling a record 14.3 pct the month before Industrial sales fell a sea/adj 0. Read more

Italy, France Back Idea Of Using Bailout Funds To Buy Sovereign Debt

Jun 20 2012 08:01:03 in Market

Italy has put forth a proposal urging Eurozone economies to allow the common rescue funds to buy the debt of troubled economies on the secondary markets, which would help the countries to avoid a bailout and lower their borrowing costs. Read more

Italy Wants Esm to Buy Bonds, says France's Hollande

Jun 20 2012 02:01:02 in Market

France's Hollande said its worth exploring Italian proposal for ESM to buy bonds of member states He said that he would like to discuss the subject at a meeting in Rome with Germany's Angela Merkel, Spain's Mariano Rajoy and Italy's Mario Monti He expressed optimism on reachin... Read more

Euro Zone Stocks End Lower on renewed Fears Over Spain and Italy

Jun 18 2012 17:01:04 in Market

EZ shares settled lower on renewed fears over the borrowing costs of Spain and Italy EZ's blue chip Euro STOXX 50 index unofficially ended 1.2 pct lower to 2,154.08 points The broader FTSEurofirst 300 index of top European shares closed 0.01 pct higher at 993. Read more

Research: Greece Election Outcome Does Little to Alleviate Weak Fundamentals That Currently Weigh on Spain and Italy

Jun 18 2012 09:31:05 in Market

Quotes from Societe Generale Cross Asset Research: -As we head to press, the preliminary election results (almost 90% of the vote counted) show New Democracy securing 130 out of the 300 seats in the Greek parliament. Read more

Research: Growing Political Strains and Risk of An Early Election Likely to Underpin Borrowing Costs in Italy

Jun 18 2012 08:31:04 in Market

Quotes from Standard Chartered: -Greek election result has probably bought some time for Spain and Italy, whose government borrowing costs had soared on uncertainty over the Greek outcome. Read more

Leaders of Italy and Spain Welcomes Greek Election Result As Good News for Europe

Jun 18 2012 08:31:03 in Market

Spanish, Italian PMs welcome Greek vote result as good news for Europe. Read more

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