Archive for "Economy" category

Trade with foreign countries, China surpasses the US

The value of trade with foreign countries of China, in 2013, exceeded that of the United States. The value of goods exported and imported from China in 2013 reached 4.16 trillion dollars (+ 7.6% compared to 2012), according to figures released by the Chinese government. In particular, China's exports have reached [...]

Household Wealth Italian drops to 8.619 trillion of euro

The Italian household wealth falls than in previous years. This is what reveals a study by the Bank of Italy. In 2011 the Italian household wealth has reached 8.619 billion euro, equivalent to just over 140 thousand euro per capita, and 350 thousand euro per household. Of these 8.619 billion the 62.8% are [...]

Italian fifth for household wealth

According to a study by the International Monetary Fund, the Global Financial Stability Report (available here in pdf format), Italian families are in fifth place in the world for financial wealth. The financial wealth of Italian households, calculated on pension funds, government bonds and equities, in 2010 is equal to 234% of GDP [...]

95% of companies have fewer than 10 employees

Italy is the country of small (and medium) enterprises. To confirm a study ISTAT 2009 that 95% of Italian companies have fewer than 10 employees (micro enterprises) and employs 47% of total employment, and 65.2%, about 3 million businesses, has not no employee. Companies active in industry and [...]

The wealth of Italian households rose to 9.732 billion of euro

The Italian household wealth has reached 9.732 billion euro in 2010, with an average annual growth of 2.83% in the period 2003-2010, according to a study from the observatory of PricewaterhouseCoopers and the University of Parma. The 37.29% of this wealth, amounting to 3.63 trillion euro, consists of financial assets (in 2003 it was the [...]

Bank of Italy, the Italian household wealth amounted to 9,500 billion euro

According to a study by the Bank of Italy the gross wealth in the hands of Italian families at the end of 2009 was estimated at around 9,500 billion euro (9.448 trillion to be precise), the net wealth was estimated at 8.6 trillion euro, about 350 000 euro per family. The wealth at the end of 2009 increased 1.1% [...]

USA, other four failed banks. Are 142 in 2010

The FDIC (Federal Deposit Insurance Corporation, the Federal Deposit Insurance Fund) has ordered the closure of four other banks in the US. The K Bank, with 538.3 million dollars in assets, the Pierce Commercial Bank, with 221.1 million dollars in assets, the Western Commercial Bank, with 98.6 million dollars in assets, and [...]

US, 45 million poor

The economic crisis continues to affect seriously the US, according to the latest census figures (for the year 2009) that were anticipated by the Associated Press, the poverty rate in the US has suffered a sharp rise. Out of a population of 307 million people as many as 45 million, or about 15% of the population (ie an American [...]

Local taxes, every citizen pays 2,364 euro a year

The average local taxes paid by every citizen ordinary Italian regions amounted, in 2008, to 2,364 euro. Of these 2,364 Euros, 1,932 Euros are related to taxes in the region, 344 euro in taxes for the Commune and 88 euro in taxes in the province. The data is the result of a study of the [...]

The real tax burden in Italy is 52%

According to a study by the CGIA Mestre the real tax burden in Italy in 2009 reached 51.9%, far more than the 43.2% shown by Istat. The research department of the craftsmen of mestre arrived at this figure by taking away tax revenue-GDP ratio, which determines the tax burden, the underground economy. Istat fact apply the rules dictated by [...]

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