Confindustria: Italy out of recession in 2015. “Corruption … – The Press

Confindustria: Italy out of recession in 2015. "Corruption … – The Press

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Confindustria: Italy out of recession in 2015. “Corruption costs 5000 euro each” ”

The industrialists estimate a GDP at + 0.5% in the next year. “Without corruption in the country would increase.” The organization civil party in the process of “Mafia Capital”

Workers to work in a textile factory

12/17/2014

The recession is not over yet but we expect a period of slow growth: in 2015 the recovery will be gradual and is expected to accelerate in 2016. These estimates of the Study Centre Confindustria, that unemployment remains high even if the occupation is sharing. In the report “Economic scenarios – The puzzle of the recovery,” the experts note that last summer the number of people who lack work has reached 8.6 million and 43.3 of young people seeking employment do not find it. The situation, however, is set to improve and jobs will return to grow slightly from the spring of next year, with the resumption of the GDP, that after the contraction of 2014 (-0.5%) will mark + 0.5% in 2015 and + 1.1% in 2016.

3,700 EUROS IN LESS PER CAPITA

A positive influence on economic trends will be the collapse of oil prices, the further devaluation of the euro, global trade in acceleration: these factors add to the Italian GDP more than 0,8% in in 2015 and almost 1% in 2016, and in particular the decline of crude oil to Italy is a gain of 14 billion per year. The economic scenario occurs then – according to Confindustria – much better than three months ago and the biggest hurdle remains uncertainty. Italy has made great sacrifices in recent years, with a decrease in the per capita income of over 3,700 Euros per inhabitant, back to the levels of 2007. A decline that resulted in the resignation to six weeks a year of consumption, as if families would stop spending in mid-November. But in the next two years, household consumption will rise respectively by 0.5% and 0.8%. Domestic demand will continue to increase in coming + 1% in 2016.

“WITHOUT CORRUPTION A GDP +1.6%”

To return, however, structurally Italy in growth rates far higher than the current is crucial drastically reduce corruption, “the real obstacle to the economic and social progress” and “ballast for development.” If Italy reduced the level of corruption in Spain – it was pointed out the presence of the Minister of Justice Andrea Orlando – the growth rate would be 0.6 points higher pecentuali; with clean hands if Italy had reduced the level of corruption in France (-1 point), on the would be in 2014 to nearly 300 billion more, about 5000 euro per person. We therefore need more effective measures (to reward those who break the exchange corrupt, do not overlook the crimes of false bialncio and self laundering,

MAFIA CAPITAL, THE CIVIL CONFINDUSTRIA

public administration more transparent, more efficient bureaucracy and the contribution of all, including business associations, which may adopt codes of conduct and effective sanctions of ostracism. In this sense, Confindustria has announced that it will form part damages in criminal proceedings in the investigation “Mafia capital.”

THE EU COMMISSION: “NEED EXTRA EFFORT IN 2015 ‘

“We need an extra effort in 2015,” they say even the technicians in Brussels. “The recovery in the EU remains fragile, structural unemployment has become a serious concern for the social consequences on growth and public finances. The challenges for fiscal policies remain very tough, especially for the most indebted countries, “the report of the EU Commission on Public Accounts 2014. That, however, leaves a little ‘optimism. “Despite the low growth, the budgetary framework of the aggregate EU and the euro area is more favorable than other economies,” writes Brussels that “consolidation efforts made in recent years are bearing fruit.”

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Reuters

 12/17/2014

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