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26/04/2017 - Banks across the euro zone are set to expand lending further in the second quarter, even as the European Central Bank's ultra-easy monetary policy erodes profitability, an ECB survey showed on Tuesday. Banks may slightly tighten access to credit for companies in the second quarter but corporate, household and consumer loan volumes will continue to rise, helped by ultra low rates, ECB said. REUTERS
26/04/2017 - "The Italian economy is in better shape than France," Economy Minister Pier Carlo Padoan told CNN. "I'm not convinced at all that Italy is in much worse shape than France. Italy is much stronger, has a different structure, it's coming out strongly out of the crisis with a lot of effort," the minister said. RADIOCOR
21/04/2017 - International Monetary Fund Managing Director Christine Lagarde said she believes the IMF can work with the Trump administration to improve the global trading system, but cautioned against jeopardizing open trade as a growth engine. Lagarde told that the IMF saw the need to reduce subsidies and other trade distortions that limit competition, but also said "protectionist measures" needed to be avoided. REUTERS
21/04/2017 - The euro zone needs its own budget, a fully-fledged banking union and more democratic accountability in its decision-making to reverse the economic divergence that is fuelling populist movements, European Economic Commissioner Pierre Moscovici said. REUTERS
19/04/2017 - Italy's GDP will rise by 0.8% this year and the same next, the IMF said Tuesday, raising their 207 estimate by 0.1%. Italian growth is "decidedly below its potential," it said. Italy's debt will be a better-than-expected 132.8% of GDP this year and will fall to 131.6% next year, below the government's forecast. Italy is lagging behind most of the rest of the EU in most macroeconomic parameters, the IMF said. ANSA
19/04/2017 - The International Monetary Fund does not see imminent risks of a European Union breakup despite the presence of political movements hostile to the bloc, Chief Economist Maurice Obstfeld said. "It's certainly true that we see some politicians running in Europe on a platform hostile to the EU, but a breakup requires several steps that are less probable in our view" he said. RADIOCOR
13/04/2017 - The Italian government's pledge to balance the country's budget deficit "goes in the right direction," said European Commission President Jean-Claude Juncker. "Italy is making great efforts to control its public deficit. In the medium and long-term, to save themselves and the monetary union, it is necessary that Italians decisively clean up their public finances," he added. Juncker ruled out that Italy could leave the eurozone. RADIOCOR
13/04/2017 - Inflation fell to 1.4% in March after four straight monthly gains, ISTAT said Thursday, confirming its preliminary estimates. The consumer price index was steady on the month and 1.4% up on March 2016, the statistics office said. ANSA
12/04/2017 - The Italian government of Prime Minister Paolo Gentiloni expects the country's economy to expand by 1.1% this year. That is up from a previous forecast of 1% growth.The country's deficit-to-GDP ratio should be "approximately 2.1% by the end of the year," Gentiloni said. RADIOCOR
12/04/2017 - Fitch Ratings has affirmed the United States' long-term foreign and local currency issuer default ratings at 'AAA' with a stable outlook. Fitch said the 'AAA' rating was underpinned by the sovereign's unparalleled financing flexibility as the issuer of the world's preeminent reserve currency (accounting for nearly two-thirds of global reserves) and benchmark fixed-income asset and as home to the world's deepest and most liquid capital markets. CNBC
10/04/2017 - Investor sentiment in the euro zone improved more than expected in April to remain at the highest level in almost 10 years on Monday, shrugging off risks linked to a closely watched presidential election in France. The Frankfurt-based Sentix research group's euro zone index rose to 23.9 points, its highest level since August 2007. The index last month rose to 20.7 from 17.4 in February as concern dissipated that global political risks could end an economic upswing. REUTERS
10/04/2017 - Italian seasonally adjusted industrial production rose 1.0% in February compared to January while workday adjusted production was up 1.9% year on year, according to data from statistics bureau Istat. Unadjusted industrial production instead fell 2.0% year on year in February. In the December 2016-February 2017 quarter, production rose 0.7% compared to the previous quarter. RADIOCOR
07/04/2017 - ISTAT said Thursday that it saw positive growth prospects for the eurozone. It said business indicators for the area have been positive in recent months, suggesting a continuation of the recovery. In the first quarter, the eurozone economy is expected to have grown at a similar pace as registered at the end of 2016 (+0.4%), then slightly faster in Q2 (+0.5%) before returning to +0.4% in Q3 2017. ANSA
07/04/2017 - The eurozone posted a current account surplus of 359.4 billion euros in 2016, or 3.3% of euro area GDP, compared with one of 336.4 billion, or 3.2% of euro area GDP the year earlier, according to data from the European Central Bank (ECB). RADIOCOR
05/04/2017 - Italy's deficit in the fourth quarter came in at 2.3% of gross domestic product, steady compared with the same period of the previous year, according to data released by national statistical office Istat. The primary surplus, or the surplus before interest payments on consolidated government liabilities, is also unchanged at 1.7% of GDP. RADIOCOR
05/04/2017 - Euro zone businesses enjoyed their best quarter in six years at the start of 2017 as soaring demand allowed them to raise prices at the fastest rate since mid-2011, a survey suggested on Wednesday. Although growth was not as fast as earlier predicted, the upturn was broad-based, and survey compiler IHS Markit said the data pointed to first-quarter economic growth of 0.6 percent. REUTERS
04/04/2017 - Italy's purchasing managers' index for the manufacturing sector rose to a six-year high of 55.7 from 55.0 in February, according to data released by global information provider IHS Markit. RADIOCOR
04/04/2017 - Italy's unemployment rate stood at 11.5% in February, down 0.3 percentage point from the previous month, according to data from statistics bureau Istat. Compared to the previous month, the number of unemployed fell by 83,000, or 2.7%, in February. On an annual basis, the number of unemployed fell by 18,000 people, or 0.6%, while the inactive population - or that neither in employment or seeking a job - fell by 360,000, or 2.7%, Istat said. RADIOCOR
31/03/2017 - Bank of Italy Governor Ignazio Visco said Thursday that around 30% of Italian households' four billion euros in wealth was held in "bank and postal deposits". He said the effects of the economic crisis had taken the proportion of wealth in deposits back up to the levels of the late 1980s. ANSA
31/03/2017 - UK gross domestic product (GDP) in volume terms was estimated to have increased by 0.7% in the fourth quarter from the third, according to data released by the Office for National Statistics. On an annual basis, GDP was revised to show 1.9% growth from a preliminary reading of up 2.0%. RADIOCOR