RCS: Jovane, Cda compact choice of Fontana, will be ‘excellent guide – BBC

19:00 MILAN (AFX) – The Cda Rcs “decided compactly on the designation of Luciano Fontana to the direction of the Corriere della Sera, giving him a clear mandate as to the relevance of sustainability ‘Economic System Courier, in line with the path of transformation that the group in front of him ‘. His way of interpreting the values ​​of the Courier, so’ as its ability ‘to innovate together with a strong team, they will do an excellent guide Luciano Fontana. He sincere best wishes. ” This was stated by Peter Scott Jovane, A.D. RCS, commenting on the appointment of Fontana driving the newspaper via Solferino. Even the group’s president, Maurizio Costa, wanted to express “sincere wish” Fontana “for the challenges ahead. The board meeting today ‘was particularly effective: in just one week since the new Council, They were taken important decisions. First of all, the choice, unanimously ‘, to issue a mandate in full Luciano Fontana. In addition, the committees have been set up, including and’ of particular relevance to strategic, which puts the theme development strategies of the group in the center of the activities’ of the board, “added Costa. alb alberto.chimenti@mfdowjones.it (end) AFX NEWS 3019: 00 April 2015

Expo: at least 9 million Italians will visit the – ANSA.it

(ANSA) – Rome, April 30 – It is now a matter of hours, the Expo (20 million and 10 million visitors expected tickets sold) has arrived and it’s time to draw the first conclusions. About 9 million Italians at the time have already decided to visit the exhibition in the six-month duration. It is well-190000 “rush” in the first weekend. The survey data are made by just Federalberghi. “The Expo can really provide a major boost for the restart of tourism,” said the president Bernabo Bocca.

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Jobs Act, the debut is a flop – the manifesto

The Jobs Act does not have it done to attack unemployment, and it must be said that for the time being also the recruitment incentives do not bite. The Istat data for March (first month of life of the contract to increasing protections, third regarding relief) are merciless: the rate of unemployment, record the statistical institute, he began to rise again in March: to 0.2 percentage points compared to February, bringing to 13%. The climb came after the declines in December and January, and the slight increase in February. This is the highest level since November last year (then had scored 13.2%).

Male youth unemployment, which is also began to rise again: in March has exceeded the threshold of 43%. The rate marks an increase of 0.3% (also higher than the general, see under the government guarantee young people, made in Poletti): changes to share 43.1%, from 42.8% in February. This is the highest level since August 2014.

People seeking employment in March was therefore 3,302,000, up 1.6% compared to February (52,000 more). In the same month the employed were registered 22.195 million, down 0.3% on a monthly basis (-59 thousand units).

Going by gender, the male unemployment rate amounted to 11, 9%, while the female is 14.3%: on-year increase respectively of 0.2% and 0.9%. The male employment rate is 64.5%, decreased by 0.2 percentage points, while that of women, 46.7%, remains the same.

Panorama gloomy even as regards the first quarter of the year, that between incentives and Jobs Act therefore did not shine: no restart, despite the good wishes of the Government. “There have been significant improvements,” says the Mayor. According to seasonally adjusted data, in the first quarter of 2015, employment returned to decline: -0.2% change in the cyclical average compared to the fourth quarter of 2014.

Apart from the attack on the government by the opposition, and the substantial failure of onset of the Jobs Act, “Istat data again belie the optimistic slogan of the government. And reforms of Renzi are useless and ineffective to decrease the unemployment rate in our country – say the senators Cinquestelle – The unemployment rate increased to 13% and we have 52,000 more people without work than in February: the Jobs Act not only serves to increase employment but even making layoffs easier, expanding the audience of the unemployed. “

” In March, lost 59,000 jobs. Record unemployment at 13% and Renzi think Italicum. Other than Jobs Act, “says Giovanni Toti Forza Italy. And Matteo Salvini (League) says, “I wish I knew what it says Renzi of dramatic Istat. I ask him, Poletti, Alfano, on the eve of Labour Day. “

Meanwhile, the three unions are preparing to celebrate May 1 in Pozzallo, dedicating this day to immigrants:” No more war and tragedies in the Mediterranean “, which can not and must not be” a graveyard “but represent” a bridge for those seeking a retreat “in Europe, said the three general secretaries, Susanna Camusso, Annamaria Furlan and Carmelo Barbagallo. They call for “a breakthrough” in the EU and support the need to create a humanitarian corridor, along with a rescue plan to avoid “the exodus” from the countries of origin.

In Piazza San Giovanni, the usual Concertone union, and is confirmed as the now traditional concert in Taranto.

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Pensions, tile on the accounts of the State: There, rejected the norm … – Quotidiano.net

Rome, 30 April 2015 – The Constitutional Court declared unlawful under the Save Italy decree passed by the government Monti, that provides the mechanism of equalization, or blocking of the adjustment to the cost of living pension higher three times the minimum INPS matured in the years 2012-13. This is the Article. 24 of Decree Law 201/2011, the so-called norm Fornero, that interest 6 million pensioners.

The ruling of the consultation was filed today . “The interest of pensioners, especially holders of pension benefits modest – says the measure – is aimed at the preservation of the purchasing power of the sums received, hence so consequential to the right a social security benefit adequate. This right, constitutionally established, is unreasonably sacrificed in the name of financial needs not explained in detail. ”

MINA ON ACCOUNTS OF THE STATE – N otevole l ‘impact on the public accounts . The State Legal estimated that the adjustment was worth 1.8 billion for 2012 and 3 billion for 2013. illegitimate becoming the norm, therefore, would be lost almost 5 billion of revenue. And the unions are even talking about 10 billion hole for public purse . Why, they say, those retirees who have been taken away something, now should be repaid.

UNIONS: return the stolen AI PENSIONATI- “After the story of esodati another resounding blow to law Fornero: the decision of the Constitutional Court confirms that the so-called reform is not in feet and that the current rules need to be changed. ” So Vera Lamonica, confederal secretary of the Cgil , comments on the ruling. Lamonica for “the government is wrong not to open an urgent debate on how to change the law as a whole. Now – concluded the union leader – must should promptly return the stolen goods to pensioners , starting from those with allowances equal to three times the minimum “.

Uil and Cisl rejoice and ask to pay retirees. “A judgment that finally does justice”. It said in a note to Domenico Proietti, confederal secretary of the UIL and Romano Bellissima, general secretary of Uil-Retired. “ The decision of the Constitutional Court confirms the unfairness and inappropriateness of the act on the equalization of pension cost of living,” says the confederal secretary of Cisl, Maurizio Petriccioli who hopes that the ruling will ” serve as a warning for the future, both for the government and for Parliament. ”

CGIL: THE HOLE ‘OF 10 BILLION – I 6 million pensioners interested in blocking the adjustment of pensions and the’ hole ‘for the treasury State that according to sources ranging from five to almost 10 billion euro. According to the unions, in particular the Spi-Cgil, the hole could open up is over five billion and nearly 10 billion. Pensioners would not have been paid a total of 9.7 billion euro , equivalent to a loss per capita average of 1,779 euro. The State Attorney instead had placed on the scales, which offset the possible acceptance of the appeal, the figure of about 5 billion that the state should have return to pensioners: 1.8 billion for 2012 and 3 billion for 2013.

MISE: “PENSIONERS HAVE THE RIGHT TO THOSE MONEY” – If you declare unlawful the failure to pay the adjustment, those retirees now have the right to have it. The consequence is that adaptation is payable “. So ANSA Deputy Minister of Economy Enrico Morando , noting he had not yet read the written judgment.” After we will evaluate what to do. “

FORNERO: WAS NOT MY CHOICE – Elsa Fornero, that gives its name to the rule declared illegitimate, is called out. ” N on was my choice, “ says former Minister of Labour, pointing out that it was a decision” around the Government “taken to make savings in the short term.” I’m reproached for many things – but says that was not my choice, it was the thing that cost me more. “

SALVINI: UNO SBERLO AL PD -” A beautiful sberlone to Fornero, the Democratic Party and who voted that infamous law “: so, talking with ANSA, Matteo Salvini said the rejection of the council.” But now – adds Salvini – aspect to Renzi an answer to what I said, to overcome the infamous law, ready, if necessary, to vote on a proposal League-Democratic Party. “

THE REASONS FOR BROWSE – To raise the question of constitutionality had been, with various orders between 2013 and 2014, The Court of Palermo, section work; the Court of Auditors, the legal section for the Emilia-Romagna; the Court of Auditors, the legal section for the region Liguria.

According to the consultation, the reasons set out at the base of the decree are bland and generic, while the outcome that occurs for retirees is heavy . “It must be recalled – reads the judgment – which, for the manner in which it operates the mechanism of equalization, any loss of purchasing power of the treatment, even if limited to short periods, is, by its nature, final. Subsequent revaluations will, in fact, calculated not on the actual value of the original, but the last nominal amount, that the non-adjustment has already been affected. “

” The complaint relating to paragraph 25 of Article. 24 of Law Decree no. 201 of 2011, if examined under the profiles of the proportionality and adequacy of the pension – says the ruling – suggests that they have been validated the limits of reasonableness and proportionality, with resulting injury to the purchasing power of the treatment and irremediable frustration of the legitimate expectations nurtured by the employee for the time after the termination of their activities. “

” are, therefore, ntaccati fundamental rights related to the pension relationship , based on unequivocal constitutional principles: the proportionality of the retirement benefits, understood as deferred compensation (art. 36 Constitution) and adequacy (art. 38). The latter is to be understood as an expression of some, though not explicit, the principle of solidarity “(Art. 2) and” at the same time implementation of the principle of equality “(art. 3).

Male unemployment, but Istat and Bank of Italy are optimistic – AGI – Agenzia Journalistic Italy

20:43 April 30, 2015

(AGI) – Rome, April 30 – The recovery is struggling to take its toll on the labor market and in March the unemployment rate back to 13%. At the same time, Bank of Italy and Istat estimate a favorable evolution of GDP that will manifest ‘next year with less shyness. But returning to the labor market, after the declines in December and January and the slight increase in February, the figure calculated by ISTAT and ‘grew by 0.2 percentage points more. This is the level most ‘high unemployment from 13.2% in November last year. The jobless increase on a monthly basis by 1.6% (+52 thousand).
In the twelve months the number of unemployed and ‘increased by 4.4% (+138 million) and the unemployment rate of 0 , 5 points. In a month the employed decreased by 59,000 units ‘, returning to the level of April 2014. Compared with March 2014, employment and’ instead of falling 0.3% (-70 thousand) and the employment rate of 0 , 1 points.
The bad news of the labor market also affect young people. Among the aged 15-24, the unemployment rate on total assets (employed and unemployed) and ‘amounted to 43.1%, up 0.3 percentage points from the previous month. In March, the number
of occupied and ‘decreased compared to February both for the male component (-0.4%) and, to a lesser extent, for females (-0.1%). The male employment rate is 64.5%, and ‘fell by 0.2 percentage points, while that of women, 46.7%, and’ remained unchanged. Overall, in terms of trends, among men it is a decline in the employment rate (-0.2 points), against an increase in the unemployment rate (+0.2 points) while the rate of inactivity ‘and’ left . For the female, the growth in the unemployment rate (+0.9 points) and ‘accompanied the decline in the rate of inactivity’ (-0.5 points) and a slight drop in the employment rate (-0.1 points ).
“The unemployment numbers,” said the general secretary of the CGIL, “and say exactly what ‘the emergence of the country: then May 1 can not’ to be directed to look at the job as the need ‘ crucial. It should be the daily obsession of our government but I do not think that this is the big issue. ” But to Istat also allow a critique of the Jobs Act, “confirms once again that clear rights does not create jobs,” urges the CGIL.
Cautious and ‘instead of the replica of the Minister of Labour, Giuliano Poletti. “The figures released today by ISTAT,” says, “should be read in an overall picture where positive signs intersect with critical elements’ of a typical economic situation still not stabilized.”
Meanwhile, good news on the growth that is fueled by the estimates of the Bank of Italy and Istat. Italian GDP will return ‘to grow in the first quarter of 2016 despite the less encouraging recent data on economic trends, said Giorgio Gobbi, Head of the Stability’ Financial Bank of Italy commented on the report on the stability ‘of the financial’ institution. And they say to Istat, in the monthly note on economic, that “the composite indicator forerunner of the Italian economy showed a favorable evolution, being positive for the fourth consecutive month, confirming the signs of improvement in support of ‘activities’ in economic activity during the first half’ of the year. ” (AGI).

Italy, unemployment on the rise in March showed one weakness … – Reuters Italy

MILAN / ROME (Reuters) – Back to rise the unemployment rate in Italy, to report as the re-start of the economy expected for the first quarter, combined with the debut of the tax cuts and regulatory changes, has not resulted in an improvement of the situation of the labor market.

According to the monthly estimates by Istat to spread this morning March, the month in which entered in force the rules on the contract at increasing protections for new employment, the unemployment rate rose to 13% from 12.7%, the highest level since last November, compared with a consensus for a slight decrease to 12.6%.

The figure also reflects the tax relief for companies that hire with stable contracts under the law of stability in January.

The situation is slightly less negative in the comparison of the quarter, which show a decline in the unemployment rate of 0.2% compared to the last part of 2014.

But this compared with an employment rate decreased by 0.1% to 55.5% and an increase of 0.2% of the rate of inactivity to 36%.

“The most plausible interpretation is that today’s data represent a ‘further expression of the uncertainty with which you are starting the recovery, “said Stefania Tomasini, economist Prometeia.

According Tomasini, 2015 will be more of a year of adjustment for the Italian labor market. “We continue to believe that the recovery will strengthen in the coming quarters. The average for the year, however, the unemployment rate is expected to remain at 12.7%, ie the level of 2014″.

The president of INPS and economist Tito Boeri believes that it is decimal, so “it’s like unemployment and employment had stabilized. We are within the statistical error. “

Maintains a vision “constructive” Fabio Fois, economist at Barclays: “We continue to judge positively the reforms, the positive effects of which will be highlighted during the year” More …

Pensions, the Consultation bowl lock revaluation: vale … – Il Sole 24 Ore

History Article

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This article was published April 30, 2015 at 16:09.
The last change is the April 30, 2015 at 17:16.

The stop to the revaluation of pensions is unconstitutional. The rule that, for 2012 and 2013, has established, “in consideration of contingent financial situation,” that the pension’s amount exceeding three times the minimum INPS (from 1,217 Euros net up) sprang shut the block equalization, ie the mechanism adjusting the pension cost of living, is unconstitutional. This was decided by the Constitutional Court, rejecting the art. 24 of Decree Law 201/2011 regarding the equalization of pensions, contained in the so-called norm Fornero ” Save Italy ”. The impact on the public accounts, estimated by the State when it held a public hearing, would be about 1.8 billion in 2012 and about 3 billion for 2013, a total of almost 5 billion.

Fornero: block equalization was chosen government, not my
The block of equalization for pensions over three times the minimum “was not my choice,” was immediately the former defense minister of labor, Elsa Fornero remembering that it was a decision “around the Government ‘taken to make savings in the short term. “I’m reproached for many things – said Fornero – but that was not my choice, it was the thing that cost me more.” 4 December 2011 Fornero, then Minister of Welfare, could not hold back the tears while on live TV with the team of the Monti government, outlining in detail what and how many sacrifices Italians await the maneuver just launched to release the country from the crisis. It was the word “sacrifice” to hold fast to stuck in the throat, preventing her from continuing the sentence was pronounced on the block of pensions.

View boccia standard Fornero on pensions: worth 5 billion
In its judgment of 70 filed today, which is a speaker Judge Silvana Sciarra, states that ‘the interest of pensioners, especially holders of modest social security issues, is aimed at preserving the purchasing power of the sums received, hence consequentially the right to adequate social security benefit. ” This right, “constitutionally established, is unreasonably sacrificed in the name of financial needs not explained in detail.”

To raise the question of constitutionality had been, with various orders between 2013 and 2014, the Court Palermo, section work; the Court of Auditors, the legal section for the Emilia-Romagna; the Court of Auditors, the legal section for the region Liguria. According to the consultation, the reasons set out at the base of the decree are bland and generic, while the outcome is produced for retirees is heavy. “He must recollect – explains the decision – that, for the manner in which it operates the mechanism of equalization, any loss of purchasing power of the treatment, even if limited to short periods, is, by its nature, ultimately. Subsequent revaluations are, in fact, calculated not on the actual value of the original, but the last nominal amount, that the non-adjustment has already been affected. ”

Having overcome the limits of reasonableness and proportionality
“The complaint relating to paragraph 25 of Article. 24 of Law Decree n. 201 of 2011, if examined under the profiles of the proportionality and adequacy of the pension – says the ruling – suggests that they have been validated the limits of reasonableness and proportionality, which caused injury to the purchasing power of the treatment itself and irremediable nullification of the legitimate expectations nurtured by the employee for the time after the termination of their activities. ” “It is, therefore, affected the fundamental rights related to social security relationship, based on unequivocal constitutional principles: the proportionality of the retirement benefits, understood as deferred compensation (Art. 36 Constitution) and adequacy (art. 38). The latter is to be understood as an expression of some, though not explicit, the principle of solidarity “(Art. 2) and” at the same time implementation of the principle of equality “(art. 3).

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Istat: unemployment rises again, + 0.2% in March. Among young … – Il Sole 24 Ore

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This article was published April 30, 2015 at 10:15 am.
The last change is the April 30, 2015 at 11:45.

Back up to the unemployment rate. After the declines in December and January and the slight increase in February, in March the unemployment rate estimated by Istat in fact increased by 0.2 percentage points to 13%, remaining one of the highest levels. On a monthly basis, there are 52 thousand more unemployed (+ 1.6%) while in the twelve months the number of unemployed increased by 4.4%, amounting to 138 thousand more people, and the unemployment rate by 0.5 points .

Youth unemployment rises above 43%
concern is in particular youth unemployment, which has risen more than 43 percent. This is the highest level since last August. The number of young people out of work shows a slight increase on a monthly basis: 8 thousand at most equal to +1.2 percent. Also in March, it notes the latest provisional estimate of employed and unemployed diffused by the Institute of Statistics, there are minor changes in the labor market participation of young people between 15 and 24 compared to February. Youth employment is largely stable last month: the employment rate is 14.5 percent. The number of inactive young people has dropped by 0.3% on the month (-11mila). The inactivity rate of young people aged 15 to 24 years decreased by 0.1 percentage points, reaching 74.5 percent.

Employment rate 55.5%
Overall, the employment rate, also in March, fell by 0.1 percentage points month on month to stand at 55.5 percent. After the drop in February, also in March 2015, the employed decreased by 0.3%, amounting to 59 thousand less, returning to the levels of last April. On an annual basis, employment is down by 0.3%, amounting to 70 thousand less, and the employment rate of 0.1 percentage points.

Opposition to attack the government
The spread of estimates Istat immediately triggered the opposition, which was inspired by the negative data on employment to attack the government. “Like every month, after the enthusiasm of Renzi and Poletti comes the cold shower ISTAT: increase unemployment and youth unemployment. And mo ‘? “Tweeted immediately Renato Brunetta, leader of Forza Italy in the Chamber of Deputies, commenting on the latest data. Speaking on Radio Padania, the League leader Matteo Salvini asked account “of the dramatic unemployment figures released by Istat … I ask Renzi, Poletti, Alfano, on the eve of Labour Day.”

Capezzone: Renzi care does not work
From the ranks of the center came after criticism of Capezzone (FI), chairman of the Finance Committee of the Chamber. “Istat data just out, very worrying in terms of unemployment (and even more alarming in terms of the youth) show that the` care Renzi’ not working. Spin and propaganda are not enough, “he said in a statement, in which he raised the” alternative recipe “of fittiani” a real positive choc-tax (therapy drastic tax cut), against the logic of the `zero point ‘, which brings Italy nowhere. ”

Camusso: Istat data in real emergency in the country
On the sidelines of the commemoration ceremony of Pio La Torre and Rosario Di Salvo, in Palermo, the leader of the CGIL, Susanna Camusso, has instead identified in unemployment numbers the exact definition of what constitutes “the emergency in the country”: “The theme of the work should be the daily obsession of our government, but I do not think so either.”

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Istat: unemployment rises again in March: + 13%. Among young people … – The Messenger

Unemployment rises again in March: it grows by 0.2 percentage points (from February) to 13%. This was communicated by Istat in the provisional data, indicating that the rise comes after the declines in December and January and a slight increase in February. This is the highest level since last November (13.2%).

The unemployed increased on a monthly basis by 1.6%, amounting to 52,000 units more. In the twelve months the number of unemployed increased by 4.4% (+138 million) and the unemployment rate by 0.5 points. Analyzing the data by gender, unemployment grows in March is among men (+ 1.5%) and among women (+ 1.7%). The same trend is observed for rates of unemployment for both the male, 11.9%, and for the female, 14.3%, there was an increase of 0.2 percentage points (on a trend +0.2 and +0.9 percentage points).

 30 April 2015 10:57 – Last Updated: 10:57

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BECOME A FAN OF THE MESSENGER

Whirlpool: unions, change plan to restore dialogue – BBC

17:50 ROME (Dow Jones) – ” We can not enter into the merits, as the CEO. David Castiglioni asked us, as long as ‘the group will remove’ requests for closure and redundancies still standing. ” This was stated Rocco Palombella, national secretary of Uilm during worktable Whirlpool held at Mise, replicating the management of the American multinational. “We need to change that plan to have a prospect of dialogue. Even the extremely tense situation that has ‘created around the dispute Whirlpool and’ daughter of the lack of prospects for employees who suddenly found themselves at risk places and even the site where work. It must restore the conditions for a different business plan, “said Palombella. More ‘hard Marco Bentivoglio, general secretary of Fim-Cisl said that “we expected a change of course by the betrayed by availability’ to start up a dialogue without preconditions. There remain closures and layoffs. Unacceptable also the comparison in two stages, concealing the next one that will concern ‘redundancies among employees. Insufficient confirm the agreement of 2013 on the one hand without ensuring missions and activities’ production for all sites. Whirlpool draw up repayment plans that ensure the sustainability of production’ industrial and social all the sites. If you want to avoid confrontation remove closures and layoffs from Caserta. We do not understand the industrial logic that led the viewfinder on Carinaro. Do not shock me to public funding, but when you accept them must also take the other party called responsibility ‘social enterprise, otherwise the taxpayer pays the companies that lay off workers, “said the trade unionist. ant (end) AFX NEWS 2917: 50 April 2015

Housing market recovering in Irpinia. – Irpinia News

Sales of real estate and providing loans in recovery in Italy and also in Irpinia. The confirmation comes from the estate of Avellino.

The fact that bodes well for the whole construction sector has been spread by ISTAT and refers to the housing market that, in 2014, started to move recording a positive sign. Something that had not occurred for seven years.

In particular, increased in the months of October, November and December last year sales of property for residential use with a general growth, compared to the same quarter of 2013 , 4.9%, and salt to 5,8% if you take into account only the southern regions .

Between October and December, 92.5% of transfers property concerned property for housing and accessories (155909), 6.8% real estate units for loss (11,411) and 0.7% (1,136) housing units for special service and timeshare (excluding boats). The recovery was seen in all types of use, to a greater extent the real estate units for economic (+ 9.2%, compared to + 4.8% for units for housing and accessories).

A trend, that found that the Institute of Statistics, in the province of Avellino, is confirmed by the estate operating in the area.

“In fact, after an annus horribilis, at the end of 2014 there were signs of recovery – confirmation Louis Chiusano Tecnocasa – you are confirming that even in these early months of 2015. There is more demand and are closing more contracts. Of course, it is not that the market has started running, but compared to how things were before, there are good signs. “

To facilitate the sale was definitely the collapse of interest rates.

As always refers to Istat, even for mortgages, loans and other bonds with real estate mortgage entered into with banks or non-banks 2014 it is a year of growth: + 9.2% on 2013, with increases more determined, above the national average, which were recorded in the South with 13.6%.

“In fact, – adds Luigi Chiusano – enter into loan agreements with interest rates between 2.80% and 3.30% is something not seen for almost thirty years, “.

The trend is up sharply in the first quarter of 2015.

For the official data is still early, but a reading of thumb it can be assumed that, at least in Irpinia, the growth being recorded may be higher one just spread by ISTAT.

“Finally something is moving in Avellino – echoes Emilio Valentino, owner Nicola Del Sorbo Abaco Estate Agency -. I can confirm that there is more attention, at least people are starting to ask again to view apartments, which, in a period of total discouragement like that a few years ago, it was even more. Growth confirmed by Istat bode well, even though we are well below the levels of transactions that were recorded up to 7-8 years ago. For who is looking for a house – adds Valentine – there is no doubt that this is the ideal time to buy, especially for those who must go to a bank for a contract loan, with interest rates that are very affordable. “

General socio Caltagirone favor multiple voting – Reuters Italy

TRIESTE , April 29 (Reuters) – The introduction of multiple voting in general is an extremely positive because it rewards members who believe in the long-term in the company.

He said Francesco Gaetano Caltagirone, a shareholder of the company with 2.23% , met in Trieste where tomorrow will hold the shareholders’ meeting.

“I think it’s very positive for all members who believe in the long-term benefit in society,” he said Caltagirone answering the question of what to think of the introduction of the possibility of multiple voting.

“It goes in and out for speculative reasons; after all is not exactly what allows the company to make long-term programs, something that the insurance industry needs, so it’s fine, “he added.

This morning, in an interview with La Stampa, the president of General Gabriele Galateri it has announced it will start a discussion on the introduction of multiple voting.

Gianluca Semeraro

On the site www.reuters.it other news Reuters in Italian. The top news also on www.twitter.com/reuters_italia

© Thomson Reuters 2015 All rights assigns Reuters.

Italy, in April stupid confidence of consumers and businesses – The Messenger

Decreases the confidence of consumers and of the Italian economy in April, after the leap recorded in the previous month.

The composite index of consumer confidence fell to 108.2 from 110.7 the previous month, disappointing market expectations that were to 110.4 points.

Even the ‘ composite index of confidence of Italian companies shows a decline, to 102.1 from 103 in March, in this case resulting in better forecasts of analysts who had to 103.6 points.

The precise Istat which are decreasing all the indices of the components of the confidence of consumers in particular economic (134.4 from 144.1); the staff (98.9 to 99.7); the current (101.3 from 102.2) and future (118.6 from 123.6).

worsened the opinions of consumers on the current economic situation of the country, on expectations the economy and on unemployment. Regarding businesses, it improves the index of confidence in the manufacturing sector (to 104.1 from 103.7) and retail trade (to 105.9 from 103.0), while falls to construction companies (in 113.3 to 116.0) and market services (to 104.4 from 108.1). In business services worsened expectations for orders and the general economy; are, however, stable assessments on the level of orders.

 29 April 2015 10:35 – Last Updated: 12:26

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BECOME A FAN OF THE MESSENGER

Berlusconi, AC Milan and Mediaset in the market: The era of passions … – The Republic

MILAN – Hands Thai (those of Mister Bee) on Milan. Mire Australian (read Rupert Murdoch) and French (Vivendi Vincent Bolloré) of Mediaset. The revolution of Fininvest gathers pace. And in the name of profit – the only thing that matters in economy – Silvio Berlusconi is preparing to sacrifice a piece of his heart and his history as the Rossoneri and look for a partner with which to ferry the TV Arcore age of convergence between telecommunications and media.

“Fininvest is healthy and is output by four years of crisis very solid financially and ready to seize development opportunities,” said Pier Silvio Berlusconi today. For now, though, it sells. The farewell to AC Milan is a pure question of money. Toy football has cost the former Knight something like 600 million of losses in 30 years. Satisfactions sports are no longer those of the past and to build the stage you need to open your wallet again. Allowance Bee (or those who put on the table the possible Chinese rivals) has a row of zeros – it comes to an evaluation close to 500 million – able to water down the pain of the fans even more inconsolable.

Unlike the speech for televisions. Mediaset is recovering from a difficult period: “Advertising has fallen by 40%,” said Pier Silvio and only a heavy political cost-cutting has enabled the group to exit the tunnel and return to profit in 2012 after losing 235 well million. Cologno but is too small to do it all alone in a world where they serve large investments – only rights Champions 2015-2018 had to pay almost 700 million – and where the arrival of Google, Facebook & amp; C. is forcing the king ether to go to a wedding with the giants of tlc.

The visit of Murdoch in Villa San Martino and the courting of the Alfa Bolloré (“We have an excellent relationship, we are many fields in which we could work together “) show that the network of home Berlusconi and the group’s presence in Spain are attractive commodity in this risiko. The Stock Exchange has long understood. It has pushed prices to Mediaset upward by 35% year to date: in these minutes the shares are traded on the Milan Stock to 4.7 euro, and the company is worth 5.5 billion euro, 300% more than that November 2011 when Silvio was forced to give up the chair from the spread of Palazzo Chigi. Since then the value of its stake in the company has grown from 400 million to 1.8 billion. And nearly 400 million has already been received by selling them the 7.79% on the market earlier this year.

“We are courted by so many. But whatever we do, the control of Mediaset is not in question,” he guaranteed Pier Silvio today. Will. Meanwhile Fininvest continues to make money. Between Milan and placements of Mediaset and Mediolanum has already held almost 1 billion of liquidity. If you have to sell another 20% of the company’s Ennio Doris, as requested by the Bank of Italy after being convicted for tax evasion former premier, he will pocket another billion, what will he do with all that money? They will be divided among the children or will serve to close the era of balances and really start that growth? The answer will come in the coming months. But surely they have a nest egg more than enough to console trouble Berlusconi of Forza Italy and the inglorious end of the era of the Covenant of the Nazarene.

Arguments:

Milan

Mediaset

fininvest

Mediolanum

Vivendi

Starring:

Silvio Berlusconi

Pier Silvio Berlusconi

Mister Bee

Rupert Murdoch

Vincent Bolloré

TOP STORIES ITALY: Piersilvio says, Mediaset and not ‘for sale – BBC

19:16 COLOGNO MONZESE (Dow Jones) – “With Vivendi there are very good relations. It ‘clear that the areas of cooperation are many and reports are consistent, but not control of Mediaset and ‘questioning’. Cosi ‘vice president of the television Italian, Pier Silvio Berlusconi, has said, during a press conference at the end of the shareholder meeting, when asked about the rumors on the interest by the group chaired by Vincent Bollore’. “There are no jobs on mergers” assured Pier Silvio Berlusconi, branded as “fantafinanza” journalistic assumptions with Vivendi. “It ‘clear that there is interest in us, we are in the middle of the game,” added Pier Silvio Berlusconi, stressing that “we will work in all possible collaborations maintaining the certainty that our group will remain’ Italian ‘. The vice president added that “we are courted by telephone companies, but we just affecting commercial agreement, for some customers in more ‘not worth it.” The body corporate of Mediaset, has instead highlighted the group’s president, Fedele Confalonieri, ‘and’ today even more ‘rational and efficient, ready to return to significant levels of PROFITABILITY’, is just a steady trend towards economic recovery “and a “financial situation allows us to think of new investments to grow in Italy and abroad.” The President pointed out that “our title and ‘increased by 35% since the beginning of 2015, doing much more’ market. I welcome this as an incentive to do even better, with courage to open a new era of conquest of opportunity ‘industrial and commercial “. According to Confalonieri, “in a country that sees with impressive pace to end up in foreign hands the best pieces of its economic landscape”, “our Italianity ‘and’ the best basis to operate in an international, primarily European,” he concluded. However, with respect Mediaset Premium, Pier Silvio Berlusconi has assured that “we are not sellers, we are open only to a minority partnership”. At the end of the assembly that approved the financial statements at 31 December 2014 closed with a consolidated net profit increased by 8.9 million of 2013000000 to 23.7000000, Pier Silvio Berlusconi also announced that “in early 2016 should start a new type of integrated offer “content and” we are working in a very complex strategy of Mediaset content offering that is available on all platforms. ” The offer will concern ‘football “but also more”, said Pier Silvio, noting that “when we will feel ready with the strategy to offer on all platforms” that include’ even the satellite. The shareholders also approved the distribution of a dividend of 0.02 euro per share, and elected the new board of directors, composed of 17 members and in office until approval of the financial statements for 2017. The Board of Directors is composed of Fedele Confalonieri , Giuliano Adreani, Marina Berlusconi, Pier Silvio Berlusconi, Pasquale Cannatelli, Mauro Crippa, Bruno Ermolli, Marco Giordani, Gina Nieri, Michele Perini, Niccolo ‘Querci, Stefano Sala and Carlo Secchi (from the majority list submitted Partner Fininvest) and Franco Bruni, Alessandra Piccinino, Fernando Napolitano and Wanda Ternau (from the minority list submitted by a group of companies’ asset management and institutional investors). fch francesca.chiarano@mfdowjones.it (end) AFX NEWS 2919: April 16, 2015

Businesses and consumers less optimistic, declining confidence – TGCOM

14:04 – In the US consumer confidence fell this month to 95.2 points, down compared to March, mainly because of the slowdown Labour Market. In April, the Eurozone, the index stood at -4.6 points from -3.7 last month. The ups and downs of the economy, therefore, seems to affect the confidence a bit ‘everywhere.

Even the current expectations of Italians are not very rosy. They are not, at least, according to the latest ISTAT. Our country, once a “target” of the rating agencies, has now been “promoted” by Fitch expects that GDP growth, albeit slight (+ 0.6%) – for the Bank of Italy the measures of the ECB will an impact of up to 1.4 percent of GDP in the years 2015-2016 – to confirm the end of the prolonged recession.

Meanwhile, on the front of the shooting, Italian consumers are more cautious. Explains the fact that Istat worse opinions on the economic situation of the country (to -62 from -57) and also the expectations (10 to 22).

It does not change much if there is to comment on the economic status of the families. The balance between positive and negative drops, in this case, to -48 from -45, while the prospects pass from -6 to -10. In general, the composite index of consumer sentiment decreased in April to 108.2 from 110.7 the previous month. And they are decreasing, in fact, all the indices of the components of confidence: the economy, passing from 144.1 to 134.4; that staff, to 98.9 from 99.7; the current one, to 101.3 from 102.2 and 118.6 to 123.6 in the future.

As for the corporate world, the climate varies according to the sector of economic activity. For example improves the index in manufacturing (to 104.1 from 103.7) and in retail trade (to 105.9 from 103.0), while falls to construction companies (to 113.3 from 116.0 ) and market services (to 104.4 from 108.1).

In manufacturing companies improve the assessment on orders (to -10 from -11 balances), but production expectations remain stable (10); constructions worsen both the opinions on orders or construction plans (to -38 from -36) and employment expectations (to -12 from -11), confirming the downward trend that has hit the sector more than other years the crisis.

In the service companies eventually worsen expectations for orders and the general economic (balances respectively 2 to 4 and 8 to 17). Stable, however, the opinions on the level of orders. In retailing improve judgments on current sales (3 -5), while expectations on future sales worsen (26 from 28).

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The accounts of Fca, net profit up to 92 mln. Well even in Europe – ANSA.it

Fca closed the first quarter 2015 with a net profit of 92 million euro, with an increase of 265 million euro compared the loss of 173 million euro in the first quarter 2014.

European activities of Fca reported a profit for the first quarter of 2015.

The group in the first quarter revenues up 19% to 26.4 billion euro. The vehicles delivered globally is 1.1 million, down 2% on the first quarter of 2014 with a strong performance in NAFTA and falling market in Latin America. Jeep for deliveries up 11% and sales up by 22%.

Confirmation of target 2015 : global shipments in the range between 4.8 and 5 million vehicles, sales of around 108 billion euro, adjusted EBIT between 4.1 and 4.5 billion euro, net income between 1 and 1.2 billion euro, net industrial debt in a range between 7.5 and 8 billion euro.

Fca closed the first quarter of 2015 with an adjusted EBIT up 22% to 800 million Euros, with all segments in profit with the exception of Latin America. The favorable impact of changes in foreign exchange rates – said the company – was offset by negative effects in terms of transactions.

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Businesses and consumers less optimistic – TGCOM

14:04 – In the US consumer confidence fell this month to 95.2 points, down compared to March, mainly because of the slowdown Labour Market. In April, the Eurozone, the index stood at -4.6 points from -3.7 last month. The ups and downs of the economy, therefore, seems to affect the confidence a bit ‘everywhere.

Even the current expectations of Italians are not very rosy. They are not, at least, according to the latest ISTAT. Our country, once a “target” of the rating agencies, has now been “promoted” by Fitch expects that GDP growth, albeit slight (+ 0.6%) – for the Bank of Italy the measures of the ECB will an impact of up to 1.4 percent of GDP in the years 2015-2016 – to confirm the end of the prolonged recession.

Meanwhile, on the front of the shooting, Italian consumers are more cautious. Explains the fact that Istat worse opinions on the economic situation of the country (to -62 from -57) and also the expectations (10 to 22).

It does not change much if there is to comment on the economic status of the families. The balance between positive and negative drops, in this case, to -48 from -45, while the prospects pass from -6 to -10. In general, the composite index of consumer sentiment decreased in April to 108.2 from 110.7 the previous month. And they are decreasing, in fact, all the indices of the components of confidence: the economy, passing from 144.1 to 134.4; that staff, to 98.9 from 99.7; the current one, to 101.3 from 102.2 and 118.6 to 123.6 in the future.

As for the corporate world, the climate varies according to the sector of economic activity. For example improves the index in manufacturing (to 104.1 from 103.7) and in retail trade (to 105.9 from 103.0), while falls to construction companies (to 113.3 from 116.0 ) and market services (to 104.4 from 108.1).

In manufacturing companies improve the assessment on orders (to -10 from -11 balances), but production expectations remain stable (10); constructions worsen both the opinions on orders or construction plans (to -38 from -36) and employment expectations (to -12 from -11), confirming the downward trend that has hit the sector more than other years the crisis.

In the service companies eventually worsen expectations for orders and the general economic (balances respectively 2 to 4 and 8 to 17). Stable, however, the opinions on the level of orders. In retailing improve judgments on current sales (3 -5), while expectations on future sales worsen (26 from 28).

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“The tax authorities can use the list Falciani” Legitimate checks on the data stolen – BBC

Milan , April 29, 2015 – 10:11

Fabrizio Massaro

     
     
 

MILAN After five years to get the Supreme Court to clarify the value of the list in Falciani tax proceedings. Yesterday the sixth Civil Chamber presided by Mario Cicala, whose rapporteur Roberto Giovanni Conti, established the principle that the data contained in the list of computer stolen by former HSBC Geneva, Herve Falciani, can be used in a tax assessment on the part of ‘ Inland Revenue even if they come from a crime. Falciani illegally took away the data to the Swiss bank, so that is on trial in Geneva for this.

But the ordinance states that “can be used in contradiction with the taxpayer data bank acquired by disloyal employee of a banking institution, without which take place relevant any offense committed by the employee same and the violation of the right to confidentiality of bank data (that does not enjoy protection against the tax authorities). ” The decision overturns several decisions of the provincial and regional tax commission and has an immediate effect not only in the process by which it was born, but in all those still pending based on the list Falciani. There are about 7,500 Italian customers with accounts opened at HSBC Private Bank in Switzerland, with about 7.4 billion deposited. From the List of Finance has initiated 3,276 interventions inspection contesting 750 million tax undeclared.

Of the decision will also facilitate the criminal investigation underway in Turin, the first Italian Prosecutor who managed in 2010 to get the data. The investigation entrusted to prosecutor Alberto Perduca has been further fueled by the so-called “second” Falciani list, or from the new data arrived from Spain in 2014 the result of a reworking of material copied from Falciani between 2006 and 2008. But as early as 2013 the Supreme Court had allowed the usability of documents, even if illegally acquired, as a basis for criminal investigation, like the anonymous letters.

There is a further positive effect on the Italian tax authorities, the Advocate Asa Peronace , who attended the taxpayer – a professional poker player – the process which gave rise to the order yesterday: “The principle of law established by the Supreme Court inevitably pushes those who have money abroad to resort to the voluntary disclosure “, ie the complaint voluntary capital hidden abroad by paying taxes but avoiding the crime. And it does so because it establishes the principle that the use of leaked documents does not cause an injury of constitutionally guaranteed rights, particularly the right to privacy, as the banking secrecy was abolished and privacy gives way to the constitutional duty (art. 53) to pay taxes: “The way I see it is a decision more political than legal,” says the lawyer, “this does not make sense to escape the voluntary moving the capital in other tax havens. Why just that an employee infidel or a hacker accesses the data and deliver them to the authorities to be applicable to the tax authorities. ”

April 29, 2015 | 10:11

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Bags in red on the moves of Tsipras. Auction Bot: semi-rate … – The Republic

MILAN – The European markets closed in the red in the wake of Wall Street after the gains of the day before, driven by the moves of Alexis Tsipras that is trying to reach agreement between Greece and international partners. The effect is seen rather with the distension of spreads, including the Italian one, after the slight enlargement of the past days. The decision to reshuffle the team of negotiators with Brussel Group (where there are members of the former Troika) by giving more weight to the Deputy Minister of Finance, Yannis Dragasakis , it seemed to the most classic promoveatur ut amoveatur Yanis Varoufakis, the holder of the public accounts that formally coordinates the group negotiations, but in fact comes from the alternation weakened.

A move that serves to put aside the element ‘destabilizing’ the Government of SYRIZA, who with his charisma and his ideas had angered European counterparts last Eurogroup. The same Tsipras, who created a direct channel with Angela Merkel with a phone call at the weekend, in an interview he gave to some of Monday night the will of the Chancellor to carry through the agreement, for the good of Athens and of ‘Europe. But if the conditions are too harsh for the Greeks, there will be a referendum. From Brussels, a poravoce Commission said that the contacts between creditors and the Greek authorities “have intensified and have allowed us to make new progress.”

The latest developments have led to the equity rally in Athens and the descent of the three-year Greek bond spreads of nearly 400 points on Monday, to 22.3%. Today, European markets choose the path of caution and get worse with the weakness of trading in the United States: Milan Stock closed down 1.15%, Paris gives the ’1.81%, London 1.03% and Frankfurt 1.89%. Weak Wall Street , weighed down by macro data and the yellow of the kidnapping of a US cargo from Iran. The denial of the news from officials of Defense, however, lists shooting: when in Europe ending the trading day, the Dow Jones advancing by 0.2%, the S & amp; P 500 by 0.1%, while the Nasdaq is unchanged .

The yield spread between the ten-year BTP and the German Bund area stabilizes at 120 basis points, in line with the close yesterday. The ten-year Italian bond yield is 1.37%. After the new lows on yields Ctz, the Treasury collects a further drop in yields at auction: sold the Bot semiannual in October 2015 at a yield of zero, by placing all the 6.5 billion euro offered against a demand of 1.8 times.

Among the individual stocks in Milan, it still puts out Mediaset with rumors of interest from Vivendi for a possible acquisition. Saipem promoted after the accounts: for SocGen analysts now the title is to be taken.

The macroeconomic agenda records the rise of French consumer confidence : rose in April in 94 points from 93 earlier, in line with expectations. While the focus on the Italian parliamentary election law, Istat certifies the first housing market recovery after seven years of declines. Instead slows the growth of GDP in Britain in the first quarter. According to preliminary estimates, the gross domestic product grew in the first quarter of 2015 by 0.3% from the previous quarter (when it had grown by 0.6%) and 2.4% on a yearly basis (compared to +3 % in the fourth quarter of 2014). The figure is lower than expected which estimated a + 0.5% and + 2.6% cyclical trend.

In the US, the Case-Shiller index on home prices show an increase of 0.5 % in February on a monthly basis and 5% on an annual basis. Disappoint the data on consumer confidence fell more than expected to 95.2 points, while the Richmond Fed manufacturing index improved to -3 points in April. Continue the quarterly, with Ford among others, after Apple has published accounts with revenues and profits up. The wait for the Fed also determines the stalemate on the currency market, with the ‘ € in strengthening: the single currency closes rising markedly above $ 1.09.

Closing in growth, in the morning, for the Tokyo Stock Exchange , under the pressure of the performance of the industrial robot maker Fanuc and expectation of the meetings of the Fed and BOJ. The Nikkei index at the end of trade, has gained 0.38% over quota returning 20 000 points to 20,058 points. As for raw materials, the pieces of the oil are recovering: in the US, at the close of the European markets, the WTI gaining 0.4% in box 57 dollars a barrel, the Brent salt of 0, 2% to $ 65. Also dates the ‘ Gold , which adds 0.7% to $ 1,212 an ounce.

FCA / First global factory, but in Brazil invested 2.2 billion – Asapress.net

Goiana ( Brazil) – With a investment of 2.2 billion euro (7 billion reais), FCA he has built in Brazil the new industrial Jeep and first factory global group . The plant was inaugurated in Goiana, in the state of Pernambuco, in the northeast of the country, the presence of Dilma Rousseff, the President of the Republic, the Governor of Pernambuco, Paulo Câmara, and the vertices of FCA, President John Elkann and CEO Sergio Marchionne . The first factory global FCA was designed and built by a team Intercultural and is, according to a note, the plant “ most modern and largest of FCA in the world and is state of the art in terms of production process and logistics management, adopting the highest standards of efficiency, quality and performance. “

The work lasted about two and a half : 3 of 7 billion reais were allocated for setting up Jeep, 2 for the park and the rest of suppliers for product development and other investments. This is the most significant investment in the automotive industry in Brazil last decade and one of the largest private investment in recent years. The new factory is equipped with 700 robots and covers a ‘ covered area of ​​260,000 square meters . The production capacity is 250,000 vehicles per year . Now builds the Jeep Renegade designed to markets of ‘ Latin America , but can produce three different models. Later this year, the industrial complex will employ more than 9,000 people , of which 3,300 in the Jeep factory, 4,900 at suppliers and about 850 in services. For FCA, the “construction of Pernambuco is a strategic plan for the international expansion of the Jeep brand.” In Brazil, FCA is a leader for 13 years , but the market is down.

Fca inaugurates a new Jeep factory in Brazil. Marchionne: “It is … – The Messenger

Goiana – The final photograph of the inauguration of the new Jeep plant of Goiana, Brazil, was that of John Elkann, Sergio Marchionne, the president brasilianaDilma Rousseff, and the president of Fca in Latin America, Cledorvino Belini, crushing along the button that starts the symbolic production of the modern factory.

A factory that actually produces already a couple of months the latest model of the famous American brand, the Renegade, which will shortly be launched on the Brazilian market, where Fiat (now Fca) is sales leader for 13 consecutive years and, since last year, also production, having climbed over the historic rival Volkswagen. “Today we celebrate the beginning of a new chapter in the long and rich history that binds our group to Brazil,” said the president of Fca, John Elkann, speaking in a very good Portuguese.

“It’s a success story that has seen grow together for almost 40 years, to win the leading position in the domestic market. By combining Fiat with Chrysler, today we are stronger, and above all we are ready to launch a new, major challenge: to build here, in Pernambuco, our biggest industrial development project to grow the Jeep to a new level ” .

“In all my experiences around the world – she confessed Sergio Marchionne – is here, in Pernambuco, I’ve seen make the greatest revolution. It started five years ago, when we believed in the middle of an expanse of sugar cane could create one of the plants more competitive in the world. Then it was written, step by step, by the people here. Today we celebrate an industrial center, a brand or a product, “he added. Marchionne, who said he felt “a little ‘Brazilian’ and he also wanted to personally thank the employees from the stage. “We celebrate the spirit of Pernambuco and its people. Without them our project, however ambitious, he would never get. “

The president Dilma Rousseff has concluded the number of interventions, which they saw on stage governor Pernambuco, Paulo Camara, and Development Minister Armando Monteiro. “I thank the leaders of Fca for the strategic choice of Pernambuco. They are investments that help Brazil to grow. Fiat has a long tradition in Brazil, we can say that is a somewhat ‘verdict, even if his heart is Italian, “said Dilma.

That of Goiana, in the second Brazil after to Betim, is the first factory opened after the birth of Fca. And it is also the largest and most modern of the group. The construction work lasted about two and a half years and the total investment of 7 billion reais (over 2.2 billion euro), of which about one billion Euros for the Jeep plant, 650 million euro for the park and the rest of suppliers for product development and other investments.

Key figures for automotive Brazilian, who has scored in recent months decreased due to the slowdown verdeoro economy. The new factory, equipped with 700 robots (650 in bodywork, 40 and 10 in painting editor), covers a covered area of ​​260,000 square meters and has a production capacity of 250,000 vehicles per year. “In 2015 we plan to build 100,000 units,” said Belini. Elkann and Marchionne will deter you in Pernambuco also tomorrow, for the board of directors of Fca accounts of the first quarter of 2015. Also in Brazil, Thursday, will be held the Board of Directors of CNH Industrial accounts for the first three months.