– “It outlines a positive phase for Italy “. This was revealed by the OECD that for our country the superindex in June stood at 0.1%. The growth in ‘ Eurozone confirmation instead “momentum building” (-0.04%) despite a decline of 0.23% on a sequential basis relative to Germany . Stable USA while the Japan there are signs of interruption of the positive phase in recent months.
Russia and China is confirmed then a growth in line with the long-term trend. Below, however, the Brazil . With the super index, the OECD, the Organization for Economic Cooperation and Development, provides for the evolution of the economic cycle of a country.
But Moody’s cut its growth forecast – If it seems according to the OECD forecasts that opens some glimmer positive for Italy, we think, however, Moody’s dampen the enthusiasm. The rating agency cut Indeed, estimates of the gross domestic product of our country for this year, with the expectation that changes from the previous +0.5% to -0.1%.
Italy So will the objectives of government deficit / GDP for both 2014 and for 2015, ranking this year and next to 2.7% share, with “significant risks” to exceed further, according to Moody’s.
“Prospective more complicated if growth weakens” – A lower growth “complicates the passage and the realization of the government’s structural reform Renzi,” say again to ‘ rating agency, according to which “the slowness in the progress on the reforms suggests that the popularity of the government has not yet translated into political momentum” in favor of “a broader set of reforms.” According Mooody’s, with its claims commissioner spending review, Carlo Cottarelli, revealed “the difficulties in Italy make permanent reductions in spending in the face of political pressure.”
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