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Tag: Italy

Italy Wage Inflation Advances to 1.4 Pct Y/y in April

May 25 2012 10:31:10 in Market

Italian annual wage inflation increased to 1.4 pct y/y in April from 1.2 pct in March Wages were running far below the consumer price inflation rate, which stood at 3.3 pct in April, based on the main domestic NIC index. Read more

Fitch : Spain, Italy Insurers Likely to Get Hard Hit if Greece Exits Form Ez

May 24 2012 15:01:15 in Market

Insurers in Spain and Italy would be hit harder if Greece left the EZ as they have more exposure for the debt Greek exit would likely push up yields on the debt of Spain, Italy and other heavily-indebted eurozone countries Quotes   "Italian and Spanish insurers are most exposed to a ... Read more

Italy Govt Plans to Cut Vat on Electronic Media

May 23 2012 15:31:07 in Market

Italy govt to request EU commission to lower vat on online media to 4 pct from 21 pct by June 15 - govt source The reduction would bring the VAT rate on online media in-line with traditional books and newspapers. Read more

Italy may Consumer Sentiment falls to 86.5, Lowest Since Jan 1995 - Istat

May 23 2012 09:01:12 in Market

ISTAT's headline consumer confidence index plummeted to 86.5 in May, the lowest since the historic series began in Jan 1996, after a downwardly revised 88.8 in April ISTAT's sub-index measuring sentiment on the economy dived to 64.4 from 71. Read more

Italy - Outstanding Company Bills Unlikely to Impact Public Debt

May 22 2012 14:01:04 in Market

Deputy Econ Min Grilli said that it is unlikely that paying outstanding debt to companies impact public debt Quotes  "There's no impact from these certification decrees along with the liquidity from banks and balancing tax credits and debts but we're still working on finding other resources... Read more

Comments Over Greece Exit Is Imprudent - Italy Debt Office

May 18 2012 17:01:02 in Market

Comments about Greece exit plans from euro area is  "imprudent" and such a scenario "really extreme."  -DMO head Quotes  "I don't think it (a Greek exit from the euro) can be taken under consideration. Read more

Italy Banks Look Towards Retail Investors for Selling Bonds -Abi

May 17 2012 09:31:13 in Market

Italy's banking association ABI is planning to spur weakening demand for bank bonds from retail investors to help banks refinance 137 billion euros ABI director said that foreign investors' appetite for Italian bonds had declined after a brief phase of enthusiasm in earlier part of the year He al... Read more

Italy Surprises With a Trade Surplus of 2.064 Billion Euros in March

May 16 2012 09:31:08 in Market

Italy posted a trade surplus with the rest of the world of 2.064 billion euros in March compared with a deficit of 3.785 billion euros in the same month of 2011, Italy's EU trade surplus stands at 1. Read more

Italy Q1 Gdp Declines 0.8 Pct, Below Forecasts

May 15 2012 09:31:27 in Market

Italy's economy contracted by 0.8 pct in the Q1 of 2021, the third consecutive quarterly decline in activity and the steepest contraction in three years Germany reported that its GDP rose 0. Read more

Italy Sells 3-Yr Bond Below Market Yield Under Market Pressure

May 14 2012 10:31:28 in Market

Italy paid 3.91 pct to sell the maximum planned amount of 3.5 billion euros of a March 2015 bond. The yield marked a new high since Jan but it came below market levels of around 4 pct. Rome had last placed the bond in mid-April at an average 3.89 pct yield The Treasury is also offering up to 1. Read more

Italy Final Hicp up 0.9 Pct M/m in April, + 3.7 Pct Y/y

May 14 2012 09:31:39 in Market

Italian EU HICP rose 0.9 pct m/m in April and were up 3.7 pct y/y national statistics office ISTAT said ISTAT confirmed preliminary data for the main domestic price index rising 0.5 pct on the month and up 3.3 pct y/y Core inflation was running at 2. Read more

Italy 3-Yr Bond Yield up Sharply ahead of Auction on Greece Worries

May 14 2012 09:31:12 in Market

The March 2015 BTP bond yielded 3.93 pct, MTS and traders' data showed, up from 3.6 pct late on Friday before the auctions. Italy offers up to 5.25 billion euros in bonds, with the March 2015 three-year benchmark for up to 3.5 billion euros, today. Read more

Eu's Rehn - Italy on Track to Meet Its Target; Waiting for France Measures to Meet Target

May 11 2012 11:31:12 in Market

The European Commission believes Italy is on track to meet its structural fiscal targets by 2012/13, and said there is no need for additional measures - Rehn said He also said Commission was waiting for France to decide on measures to meet its deficit targets Rehn said Commission was satisfied... Read more

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