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  • 23.05.2011

Istat Annual Report: Italy is Europe's economy grew less during the years

In the 2001-2010 decade, Italy has been Europe's economy grew less, with an average annual rate of 0.2%, compared to 1, 1% of EMU: it highlights the annual report submitted to Istat Montecitorio together with the head of state Giorgio Napolitano, and the President of the Chamber, Gianfranco Fini. The rate of growth of our economy has been down by about half the European average in the period 2001-2007, and the gap has widened during the crisis and the current recovery.

In 2009-2010, half a million jobs in less

Enterprises, access to credit remains difficult

University, fewer entries

In the middle of 2010 the Italian economy grew by 1, 3%, compared to 1, 8% of EU average. In the first quarter of 2011, growth in Italy was 0.1% on a cyclical basis (as past of 2010) and one per cent in trend terms, while in Europe the average growth was 0.8% on a quarterly basis (from 0.3 at the end of 2010), and 2.5% over the first three months of 2010.

Fini: no false expectations, so to work for the community
For the Speaker of the House, Gianfranco Fini is necessary to intervene and "do not help neither trivializing nor over-simplistic." "It must avoid triggering the public - says Fini - raising expectations and emotional reactions inevitably destined to be frustrated on the contrary, it is increasingly urgent to develop on the basis of neutral and specific knowledge, strategies and interventions for reform modeled so as to respond fully and in time, the general interests of society '.

Giovannini: Italy, the country vulnerable. Growth of unsatisfactory
Okay, the President of Istat, Enrico Giovannini, "the Italian system appears vulnerable, more vulnerable than a few years ago," with a growth rate far from satisfactory. According to Giovannini, "the national economy shows obvious difficulties in the recovery phase, less sustained than that of our neighboring countries such as France and Germany. This can be explained with a very limited dynamic domestic demand, slowed by reduced household incomes and the expansion spare production capacity, as well as the difficulties of Italian companies to compete on European markets and on the same national market. "

Families increasingly bill
Returning to photography Istat, showed a beautiful country trudging (the crisis has brought back the hands of almost 10 years and the recovery is moderate), with families who have used their savings to meet expenses. Italy, with Germany 'has suffered the greatest fall "of GDP, in 2008 and 2009 respectively is decreased by 7% and 6.6%, showing then, in contrast to Berlin, a" very modest recovery: a March 2011, GDP in Italy is still below 5.1 percentage points over the first quarter of 2008, while the recovery was complete in Germany, and for all European countries, to bridge the gap is 2.1 points percentages.


All the weaknesses of our economy
Istat still reports that the weakness of the Italian economy during the decade covered the entire production system. The comparatively greater impact of the crisis is tied to the noticeable loss of activity, however, especially in the industrial sector, because of the relative specialization in manufacturing and in particular in the area of ​​capital goods, which characterize our economy. The recovery in industrial output has also been only partial and has faded in the second half of 2010.

The work is an emergency
Note too painful on the job front, where the crisis has had a very heavy. In 2009-2010 the number of employed decreased by 532mila units, and the most affected were young people between 15 and 29 years age group where there are 501mila occupied less.

One in five young people are not studying and not working
It also confirms the high number of boys between 15 and 29 years, so-called Neet (Not in Education, Employment or Training), which means that they do not study and do not work. In 2010 just over 2.1 million, 134mila more than a year earlier (+6.8 percent). This is the 22.1% of those under 30, percentage increase compared to 20.5% in 2009. The increase mainly concerns the young people of North East, men and graduates, but also foreigners. In fact in 2010 are so-called Neet 310mila foreigners.

A family of four at risk of poverty
And what impact all this data on the Italian population? That about one in four households (24.7% to be exact) the risk of experiencing poverty or exclusion, a value higher than the EU average (23.1 percent). The Strategy Europe 2020 - explains the Istat - promotes social inclusion, aiming to bring out at least 20 million people from the risk of poverty or exclusion, a condition that now affects 114 million people in Europe (15 million alone in Italy that the National Reform Plan aims to reduce 2.2 million).


In the South 'alarming'
The indicators identified to monitor this goal are three: people at risk of poverty rate after social transfers, the people of severe material deprivation, people living in households with very low work intensity.

Istat also notes that while "people in the EU at risk of poverty (after social transfers) are 16.3%, in Italy amounted to 18.4 percent." In Italy, the Institute also points out, "the 8, 8% of people under the age of 60 years (6.6% of total population) live in households with very low work intensity, which is close to the EU average ( 9 percent). " Particularly alarming situation in the South, "where the proportion of people who are simultaneously in the three conditions of risk considered by Europe 2020 and more than 2% (about 469mila individuals).