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Tag: Italy

Italy delays Discussion of Macroeconomic Forecasts to Wednesday

Apr 16 2012 09:31:04 in Market

News The Italian Govt has delayed a discussion planned for Monday of its macroeconomic forecasts, a cabinet statement said. The statement did not mention the reason for the delay. .  The material has been provided by Instaforex Company - instaforex. Read more

Italy sees Slightly Less Than 1.3 Pct 2012 Contraction -Junior Official

Apr 16 2012 08:31:14 in Market

News Italy expects ITS economy to contract slightly less than 1.3 pct in 2012, a junior minister in the economy ministry said The Govt previous forecast for 2012 was to contract by 0.4 pct. However the Bank of Italy has forecast -1.5 pct, the European Commission has forecast -1. Read more

Research: Italy Likely to Experience to another Sharp Decline in Gdp in Q1

Apr 13 2012 12:31:13 in Market

Quotes from Societe Generale Cross Asset Research: -We now know that Spanish and Italian banks borrowed half of ECB' OMO in March. Disinflation is ongoing but very gradually and unevenly, owing to higher energy prices, while significant divergences remain between countries. Read more

Italy March Inflation Confirmed At 3.8%

Apr 13 2012 10:31:14 in Market

Italy's EU harmonized consumer prices increased as previously estimated in March, final data released by statistical office Istat showed Friday. The harmonized index of consumer prices (HICP) increased 3.8 percent on an annual basis in March, in line with the preliminary estimates. Read more

Italy Industry Output Declines 0.7 Pct M/m in Feb

Apr 13 2012 09:01:05 in Market

News Italian industrial output was weaker than expected in Feb, falling 0.7 pct after a revised 2.6 pct fall the month before, data showed Economists expected decline 0.2 pct m/m in industrial output The industrial output in Germany slipped 0.3 pct m/m in Feb while French output edged up 0.3 pct. Read more

Italy Grilli says Auction in Line With Expectations Under Current Market Conditions.

Apr 12 2012 11:31:05 in Market

News Italy deputy economy minister Grilli said that the outcome of today's auction went as expected, demand was strong and yields in line with current market conditions Grilli also said that trasury has decided not to meet all the demand because as of now,  there is no urgency to fund itself... Read more

Italy 3-Yr Debt Costs Rises Steeply at Auction

Apr 12 2012 10:31:06 in Market

News Italian 3-year borrowing costs rose more than a full percentage point at an auction boosted by fresh concerns about weaker euro zone states Italy paid 3.89 pct to sell its three-year March 2015 bond, up from 2.76 pct at an auction a month ago. The 2.88 billion euro sale was covered 1. Read more

Italy to Slash 2012 Gdp Forecast in Tandem With Eu- Deputy Economy Minister

Apr 11 2012 15:31:07 in Market

News The Italian Govt will cut its 2012 economic growth forecast "fairly consistent" with recent EU forecasts, deputy Economy Minister Vittorio Grilli said The current official Italian forecast is for a growth contraction of 0.4 pct. Read more

Italy Is more prepared and organized\" Than It Was Last Year says Ind Min

Apr 11 2012 11:31:03 in Market

News Italian Industry Minister Corrado Passera said that Italy is much more prepared and organized for high yields than last year Passera said the widening spread between the German and Italian 10-year benchmark bonds this week was due to gloomy economic conditions outside Italy and not due to co... Read more

Italy 1-Yr Debt Costs Surges to Highest Since Mid Dec

Apr 11 2012 10:31:03 in Market

News Italy 12-month bill auction yield rose to 2.84 pct from 1.405 pct at mid-march sale, highest since mid Dec The steady domestic demand helped the Treasury to raise the planned 11 billion euros in 12- and three-month bills, with bids totalling 1. Read more

Italy Union Cgil Commits to Keep up Strike Action on Monti's Labor Reform

Apr 05 2012 16:31:04 in Market

 News Italy union CGIL pledged to carry 16 hours of planned strikes against PM Monti's labor reform proposals Monti said that said reinstatement would occur only in "very extreme and improbable" circumstances. The material has been provided by Instaforex Company - instaforex. Read more

Italy Government Deficit Narrows In Q4

Apr 04 2012 11:01:08 in Market

Italy's public budget deficit narrowed from last year in the fourth quarter, data released by statistical office Istat showed Wednesday. The general government deficit decreased to EUR11.466 billion or 2.8 percent of GDP in the fourth quarter from EUR17.227 billion or 4. Read more

Italy Minister Passera: Dismisses Further need for Austerity Measures

Apr 03 2012 10:31:14 in Market

 News Italian Industry Minister Corrado Passera on Tuesday ruled out to pass further budget cuts to meet its fiscal target He also added that instead of further cuts govt had to focus on boosting economic growth He said, "You don't grow with austerity. Read more

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