Friday, February 13, 2015

GDP, in 2014 falls for the third consecutive year. But you stop … – The Daily

GDP, in 2014 falls for the third consecutive year. But you stop … – The Daily

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In 2014 the Italian gross domestic product, which does not increase from the second quarter of 2011, fell again. But the recession now stopped: according to data Istat , the change nothing of the last part of 2014 marks a fall arrest recorded in two quarters earlier. The -0.4% calculated by the National Institute of Statistics according to first estimates following the fall of 2.3% in 2012 and -1.9% in 2013. The figure is a bit ‘worse than past estimates government for the last year, which indicated a drop of gross domestic product 0.3% . Meanwhile from Bankitalia come partially positive news regarding the public debt: 31 December 2014 amounted to 2.1349 trillion euro, a net increase compared to 2.0687 trillion by the end of 2013 but decrease of 25.1 billion on November, when it was climbed to 2.16 trillion.

Eurozone on the road to recovery. But Greece slows – According to estimates of Eurostat , GDP eurozone grew by 0.3% in the fourth quarter of 2014 , an improvement compared to the previous quarter when the increase was just 0.2%. On an annual basis, the GDP of the euro area show an increase of 0.9%, a slight acceleration compared to + 0.8% in the third quarter. In the EU 28 countries, always in the last quarter of the year, GDP increased by 0.4% on a quarterly basis and 1.3% on year. As instead regards the Greece , the GDP back in the fourth quarter of 2014 in negative returns. The decline reported by Eurostat, and by 0.2% compared to + 0.7% in the third quarter. On an annual basis, GDP Hellenic instead shows a growth of 1.7%, a slight acceleration compared to the 1.6% shown in the July to September.

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