Category: Economy

Dec 07

Fondo di Garanzia PMI: proroga accordo ABI 2012, procedura liquidazione perdite e corretta escussione della garanzia

Con la circolare 655, la Banca del Mezzogiorno – MedioCredito Centrale comunica che il Comitato di Gestione del Fondo di Garanzia ha preso atto dell’accordo sottoscritto il 1° luglio 2013 da ABI e Associazioni di rappresentanza delle imprese denominato “Accordo per il credito 2013” che prevede la proroga al 30 settembre 2013 dei termini delle …

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Dec 04

Bail-ins and deposit confiscation

From comedonchisciotte.org the (old) ‘Future of Banking in Europe’ Conference report (with some commercial interest by goldocore.com for example) is shocking… One of the aspects of the new negotiation on the European union will be a ‘bail-in’ of deposits when banks fail in the future. Michael Noonan, Ireland’s Minister for Finance at the time, confirmed …

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Nov 01

Europe: calls

Agriculture Aid to communication and information relating to the common agricultural policy (budget heading 05 08 06). The European Commission co-finances information measures relating to the common agricultural policy that aim, in particular, at: explaining, contributing to, implementing and developing the policy, promoting the European model of agriculture and helping people understand it, informing farmers …

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Oct 29

Italy’s world records #5

Last available data from national and international bodies confirm the decline of Italy. GDP dropped at ninth place in the world and an array of negative records are declared by major authorities in these days. Actual jobless people, including those  “discouraged” who are not actively looking for jobs, is around 6 million which is double …

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Oct 22

The birth of the ‘de-Americanized’ world

China has had enough. The Country of Great Wall is working at a “de-Americanized” world. A commentary of Xinhua, a State controlled press agency, explains how and why and launches the idea of Petroyuan. “With its seemingly unrivaled economic and military might, the United States has declared that it has vital national interests to protect …

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Oct 22

USA and the world: what is beyond the debt default

The world is probably living its most dangerous economic era, which begun with the capital off-shoring in the seventies, continued with the great financial bubble from the eighties and is now approaching the next stage of collapse. This is the ultimate crisis and will spread from the USA as in the most recent ones. The …

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Sep 12

ECB: European and Italian economic perspectives

Outlook on Italy worsens, in a general optimistic view on the Euro area, ECB reports, with a cumulative borrowing requirement of €51 billion (3.3% of GDP) in Italy, up from almost €28 billion (1.8% of GDP) in the same period of 2012. The deterioration “highlights the increasing risks surrounding the achievement of the 2013 general …

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