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Tag: Italy

Italy Cabinet Approves Labor Reform As Ordinary Bill

Mar 23 2012 17:31:08 in Market

 News Italy cabinet on Friday approved labor reform and said it will present it to parliament as normal bill rather than as an emergency decree The cabinet issued a statement saying it had approved a reform "strongly urged" by Italy's EU partners which eases firing restrictions The decisi... Read more

Italy Retail Sales Rise Unexpectedly In January

Mar 23 2012 10:01:21 in Market

Italy's retail sales unexpectedly increased in January after declining in the previous two months, data from the statistical office Istat showed Friday. Retail sales increased a seasonally adjusted 0.7 percent in January compared to a revised 0.8 percent decline in the previous month. Read more

Italy Non-EU Trade Deficit Narrows In February

Mar 22 2012 11:01:03 in Market

The deficit from Italy's merchandise trade with countries outside the European Union (EU) narrowed in February, preliminary data released by statistical office Istat showed Thursday. The trade deficit decreased to EUR1.552 billion in February from EUR2.338 billion in the same month last year. Read more

Italy Enters Recession As Estimated In Q4

Mar 12 2012 12:01:15 in Market

Italy's economy entered recession as estimated in the fourth quarter for the first time since 2009, due to the deceleration in demand and investment, final data from the statistical office Istat showed Monday. Gross domestic product declined 0.7 percent from a quarter ago, bigger than the 0. Read more

Italy Q4 GDP Contraction Confirmed At 0.7%

Mar 12 2012 10:31:02 in Market

Italy's economy entered a recession in the fourth quarter as initially estimated, final data from the statistical office Istat reportedly showed Monday. Gross domestic product declined 0.7 percent from a quarter ago, bigger than the 0.2 percent drop logged in the third quarter. Read more

Italy Producer Price Inflation At 21-Month Low

Mar 05 2012 10:31:04 in Market

Italy's producer price inflation decreased for the third consecutive month in January, data from statistical office ISTAT showed Monday. Overall producer prices increased 3.3 percent year-on-year, slower than the 3.7 percent gain in December. Read more

Bank of Italy Urges Lenders to Make Sure Capital Boosting Div Policies

Mar 02 2012 19:31:03 in Market

News BoI on Friday urged the country's lenders to make sure their dividend and bonus policies s their capital needs Bank of Italy's Governor Ignazio Visco said "banks need to adopt dividend policies that allow them to maintain adequate capital levels," and to be "prudent" about handing out bonu... Read more

Italy Has No Plans for Tax Deal With Switzerland at This Moment - Monti

Mar 02 2012 14:31:11 in Market

News Italy's Monti on Friday said Italy has no plans at the moment to sign a tax deal with Switzerland He said Italy would not seek a deal with the Swiss authorities at this moment to try to recover revenue from Italians who have invested there to evade taxes. Read more

Italy State Sector Deficit of Narrows Slightly in Feb

Mar 01 2012 20:31:14 in Market

News Italy on Thursday posted a public sector deficit of 7.4 bln euors in Feb from a deficit of 7.9 bln euros However the cumulative budget deficit of Jan-Feb was around 10.7 billion euros, slightly higher than the year ago period deficit of 10. Read more

Italy Senate Approves Confidence Vote on Deregulation

Mar 01 2012 17:31:09 in Market

News Italy's Senate on Thursday approved a package of measures to deregulate some areas of the service sector. The Senate approved the package overwhelmingly by 237 votes to 33. Read more

Italy Factory PMI At 5-Month High; Still Points To Decline In Activity

Mar 01 2012 09:31:04 in Market

An indicator of Italian manufacturing performance climbed to its highest level in five months in February, but still remained in negative territory suggesting a continued decline in business activity. Read more

Italy Manufacturing Pmi Rises more Than expected to 47.8 in Feb

Mar 01 2012 09:31:04 in Market

News The Markit/ADACI PMI rose to 47.8 in Feb from 46.8 in Jan, economists expected sligghtly modest reading of 47.1 New orders contracted in Feb for the ninth consecutive month However headline orders sub-index rose for the third month running to 46.4 from 44. Read more

Italy Banks Tap ECB Funds Similar to Dec

Feb 29 2012 13:31:05 in Market

News Italian banks on Wednesday tapped 3 year ECB cheap funds in similar lines of its Dec claim amount of 116 bln euros Italy's biggest retail lenderIntesaSanpaolo said that it had taken 24 bln euros of funds. The material has been provided by Instaforex Company - instaforex. Read more

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