Skiurlaub- günstig mit FeWo-direkt
ITS | Jahn | Tjaereborg


Bundesliga-Tickets mit Garantie!


Hotelsuche in 
 

Business lobby: Italy's GDP rising, but jobless youth an 'emergency'

Europe
14.09.2017
By our dpa-correspondent and Europe Online    auf Facebook posten  Auf Twitter posten  
Rome (dpa) - Italy‘s economy is doing much better, thanks to export-led growth, but the job crisis among its youth is "a real emergency," its business lobby Confindustria said on Thursday.

Gross domestic product (GDP) should increase by 1.5 per cent this year and 1.3 per cent in 2018, up from 1.3 per cent and 1.1 per cent in a previous June forecast, Confindustria said.

The association said that unemployment should fall under 11 per cent next year, and government debt should shrink for the first time since 2007, to 131.8 per cent of GDP.

However, "low youth employment is the real Achilles‘ heel of Italy‘s economic and social system," with a 16.6-per-cent employment rate for the 15-24 age group, compared to 45.7 per cent in Germany.  

As a result, Italy is "haemorrhaging" talent, as young people are increasingly moving abroad to find work, Confindustria‘s chief economist, Luca Paolazzi, said. "It represents a real emergency."

Despite the brightening outlook, Rome is still a growth laggard compared to eurozone peers, as they are growing on average by more than 2 per cent per year, Paolazzi noted.

Italy experienced a record double-dip recession during 2009-13, and before that, its economy was stagnant. Confindustria said its GDP has grown by just 0.8 per cent compared to 2000.

 

Kommentare zu diesem Artikel
 
Neuer Kommentar
Name *
Email * (wird nicht öffentlich angezeigt)
Kommentar
* Pflichtangaben
 
Diesen Artikel empfehlen

Absender Empfänger Nachricht (optional)
Name
E-Mail

Name
E-Mail
   
 
 
Tipps der Redaktion aus dem Nachrichtenportal
 
NACHRICHTEN
"We expect deeds to follow words."Roberto Gualtieri, chairman of the European Parliament‘s Economic and Monetary Affairs committee, is awaiting the follow-through after British Prime Minister Theresa May‘s widely anticipated Brexit
Istanbul (dpa) - Istanbul‘s mayor stepped down Friday, giving no reason for his action a year and a half ahead of the next scheduled elections, but said he will remain a member of the ruling Justice and Development Party (AKP), according to
The head of the European Parliament‘s economic affairs committee was in Florence to listen to Theresa May‘s big Brexit speech. He liked what he heard, but wants "deeds to follow words."Rome (dpa) - Roberto Gualtieri, an Italian socialist
London (dpa) - British opposition leaders and political analysts saw little new in Prime Minister Theresa May‘s Brexit speech on Friday, despite it receiving a cautious welcome from the European Union.May "didn‘t need to go to Florence to
Brussels (dpa) - Six months after officially triggering Britain‘s departure from the European Union - and three rounds of lacklustre negotiations later - British Prime Minister Theresa May‘s Florence speech might yet prove be an
Berlin (dpa) - Half of those surveyed in a recent German poll want Chancellor Angela Merkel out of office.Asked about their stance on the slogan "Merkel muss weg" (Merkel must go) - a phrase often chanted by right-wing protesters during the
 
Tipps der Redaktion aus dem Reiseportal
 
REISEPORTAL
Pyeongchang, South Korea (dpa) - The International Olympic Committee advanced plans on Thursday to set up an independent anti-doping testing system following the drugs scandal in Russian sports.The World Anti-Doping Agency (WADA) is also set to
Berlin (dpa) - Medals at the Tokyo 2020 Olympic Games will be made from recycled material as local organizers called on the Japanese population to donate "discarded or obsolete electronic devices" for the purpose."The organizing committee aims to
The Olympic spirit is perhaps best in evidence when, for a brief, shining and historical moment, an outsider from a small nation grabs the glory with their first-ever medal.Rio de Janeiro (dpa) - Tears of joy, being overcome by emotion, instant fame,
Budapest (dpa) - Hungarian Premier Viktor Orban, currently attending the Rio Olympics, put in a word for Budapest‘s bid to host the 2024 summer games, promising a compact venue that would make "one large Olympic park" of Hungary‘s capital
Berlin (dpa) - Former German national trainer Juergen Klinsmann called Olympic trainer Horst Hrubesch‘s work with his young football team "totally outstanding" as Germany heads into a gold medal final against hosts Brazil on Saturday.In remarks
Thiago Braz da Silva won an improbable Olympic pole vault gold ahead of French top favourite Renaud Lavillenie, who is furious about the behaviour of the noisy crowd.Rio de Janeiro (dpa) - Thiago Braz da Silva stunned French top favourite Renaud
Wetter

Wolgograd


(22.09.2017 22:47)

11 / 23 °C


23.09.2017
11 / 21 °C
24.09.2017
9 / 20 °C
powered by wetter.com
Stock News

banner

banner

banner

banner

© europe online publishing house GmbH, Weiden, Germany, info@europeonline-magazine.eu | Impressum