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Tag: Italy

Italy Has followed Its Commitments , Now Its Eu's Turn - Italian Banks, Employers

Dec 06 2011 17:31:07 in Market

News Italy's austerity package shows it has followed through on its commitments, and now it is up for the EU as a whole to do its part , said its bank association and its biggest employers' lobbies with high expectations from Dec 9 EU summit . Read more

Research: Recessionary Outlook for Italy in 2012-2013 Will Complicate the Fiscal Adjustment

Dec 06 2011 13:31:16 in Market

Quotes from Societe Generale Cross Asset Research: -Understandably, the Government now forecasts Italy to enter a recession next year and revised its GDP growth forecasts for 2012 to -0.4/-0.5%yoy and to zero for 2013. Read more

Research: Tightening Fiscal Policy more Aggressively Could Trigger a Deeper and Self-Defeating Recession in Italy

Dec 06 2011 13:31:16 in Market

Quotes from Societe Generale Cross Asset Research: -Monti's recently announced fiscal measures entail an additional €20bn (1.2-1.3% of GDP) of net adjustment, which would push Italy's degree of net cumulative tightening to around 3.7%-3. Read more

Chinese Foreign Minister expressed Confidence in Italy and Eu

Dec 05 2011 18:31:04 in Market

News Italian foreign minister said that his Chinese counterpart expressed full confidence in economy of Italy and whole of EU Italian foreign minister explained Italy's 30 bln Euros austerity plans to Chinese counterpart at Bonn in Germany The material has been provided by Ins... Read more

Euro Advances Against Most Majors On Italy Austerity Measures

Dec 05 2011 10:01:04 in Market

In early European deals on Monday, the euro strengthened against its most major counterparts as worries about the European debt crisis eased after Italy's cabinet unveiled austerity measures on Sunday. Read more

German Bunds Open Lower on Euro Zone Hopes, Italy Measures

Dec 05 2011 08:31:04 in Market

News: At 0711 GMT, Bund futures were 27 ticks lower at 135.24 after opening down 16 ticks at 135. Read more

Australian Shares Advance on Rate Cut Hopes, Concrete Measures by Italy to Tackle Deficit

Dec 05 2011 06:31:02 in Market

News Australian sharesrose 0.8 pct on the day to trade at its highest level in nearly 4-weeks The domestic rate cut hopes and absolute measures by Italy to deal with its debt crisis seen lifting market confidence. The benchmark S&P/ASX 200 index inched up 33.3 points to4,321. Read more

EU's Rehn: Italy Austerity Package "Ambitious"

Dec 05 2011 04:31:03 in Market

The European Union's Economic and Monetary Affairs Commissioner Olli Rehn said that Italy's new austerity package was "timely and ambitious. Read more

Us may Face Similar Scenario What Greece and Italy Facing Today says Fed's Fisher

Dec 02 2011 15:31:02 in Market

News US may face the similar circumstances like Greece and Italy if political leadership fails to take any action said Fed's Fisher He also said that he take wall street protesters seriously as there are people who are really without work The material has been provided by Instaforex Company - i... Read more

Italy Plans Fair Reform of the Pension System, Targets Labour Market - Minister

Dec 01 2011 12:31:03 in Market

News Italy's Govt is planning for incisive, fair reform of the pension system-welfare and labour minister Elsa Fornerosaid  Fornero added that the Govt would fully implement existing austerity measures and strengthen them. Read more

Italy Likely to Slip Into Recession says Industry Minister

Dec 01 2011 12:31:03 in Market

News Italy is likely to fall into recession as like of 2008 without its own fault said Italy's Ind. Read more

Italy Inflation Eases In November

Nov 30 2011 10:31:19 in Market

Inflation in Italy, as measured by the harmonized index of consumer prices, or HICP, slowed to 3.7 percent in November from 3.8 percent in October. Economists expected the rate to remain steady at the October level. On a monthly basis, the HICP declined 0. Read more

Italy Unemployment Rate Rises In October

Nov 30 2011 09:31:02 in Market

Unemployment rate in Italy increased in October, data from the statistical office Istat showed Wednesday. The jobless rate was 8.5 percent in October, up from September's 8.3 percent. Economists expected the rate to stay unchanged from the previous month. Read more

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