Evo ti,goniču robova
(kratke vesti januar-februar koje pokazuju trendove u EU) :
(izvor " Dutch News
")Dutch economy to shrink 0.9% this year, says Brussels
Thursday 23 February 2012
TheDutch economy will shrink 0.9% this year
, according to European Commission forecasts published on Thursday. Brussels is more pessimistic than the Netherlands' own statistics agency, which puts the contraction at 0.5% in its most recent forecasts.
The Commission says the EU economy as a whole will contract by 0.3% and the economies of nine EU member states will shrink.Greece will perform worst, with a contraction of 4.4%, followed by Portugal (3.3%), Italy (1.3%), Spain (1%) and then the Netherlands.
( izvornik : " EU Business
")Eurozone faces recession throughout 2012
23 February 2012, 12:29 CET
(BRUSSELS) - More bad news hit the eurozone on Thursday as EU data predicted recession throughout 2012, with a 0.3-percent contraction compared to 0.5-percent growth and a likely downturn in the previous November forecast."The unexpected stalling of the recovery in late 2011 is set to extend into the first two quarters of 2012," the European Commission said on Thursday.
But it stressed that it still saw a "mild recession with signs of stabilisation."
Announcing the numbers, European Union Economy Commissioner Olli Rehn put the figures into context by comparing the eurozone prospects to overall global growth which he expected to be 4.3 percent this year.
Unusually, the EU executive fed in data from all 27 EU states -- not just the seven biggest -- in a bid to make its forecasts more robust.
The 0.8-percent downward revision in the space of just over three months underlines the importance of forecasting for the likes of Greece, where wide variations were presented to finance ministers this week as they took decisions on debt sustainability in that country.
The European Commission said "modest growth is predicted to return in the second half of the year," with inflation revised "slightly upwards" to 2.1 percent across the 17-state euro currency area, mainly due to energy costs and "increases in indirect taxes."
A fifth year of recession in Greece is now expected in Brussels to result in a 4.4-percent contraction of gross domestic product in 2012.
As the Greek government pursues a 107-billion-euro ($142 billion) write-down of private debt and a fresh 130-billion-plus bailout from international backers, the figure was however better than the 5.5-percent slide forecast in December by Prime Minister Lucas Papademos.
However, Italy, which carries the eurozone's biggest debt burden of about 1.3 trillion euros, faces a recession that will cut output by 1.3 percent in 2012.
The last official forecast from the government in Rome was for a 0.4-percent fall, although the Bank of Italy last month tipped between 1.2 percent and 1.5 percent, while the IMF predicted an even worse result, a 2.2-percent drop.
There will be a 1.0-percent recession in Spain, according to the data, but Germany's economy would grow 0.6 percent and that of France 0.4 percent.
Outside the eurozone, Poland maintains its position as a powerhouse economy, with 2.5-percent growth now predicted -- dimmed compared to stellar performance prior to the debt crisis, but still way out in front.
"One essential reason is Poland has been benefiting from the engine of the German economy, it has had a positive spillover," Rehn said, although he also credited a large influx of EU funding with influencing Poland's progress.
The economy across the United Kingdom, which has its own lopsided patterns too, is tipped to grow by 0.6 percent.
"Although growth has stalled, we are seeing signs of stabilisation in the European economy," Rehn said highlighting "easing" stress in financial markets.
The Commission cited a "less supportive" global economy "weighing on net exports" as well as low business and consumer confidence in Europe, although the forecast maintained that "a credit crunch has been avoided."
In a clear sign of structural divergences, the Commission noted that "Greece, Portugal and Spain account for 95 percent of the rise in unemployment in the EU since late 2010."
Interim Forecast February 2012
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Slična kuknjava je i na " EU Observer
(izvornik : " Ansa
")Fiat may need to close two plants in Italy, says Marchionne
Exports need to offset weak demand in Europe
24 February, 13:08
(ANSA) - Rome, February 24 - Fiat may be forced to shut two of its five plants in Italy if it cannot use them to produce cars to export to the American market at a competitive cost, the company's CEO Sergio Marchionne said on Friday.
In an interview published in daily newspaper Corriere della Sera, Marchionne predicted that the demand for automobiles in Europe would remain low for at least the next two years but added that Fiat had an opportunity to use its plants in Italy to meet the growing demand in the United States for the vehicles of its partner Chrysler.
Fiat took control of Chrysler after it went into bankruptcy in 2009 and, with Marchionne at the helm of both companies, it has turned Detroit's third-biggest carmaker around to the point that its plants in the US are operating at full capacity.
So it needs output from its other plants in Canada, Mexico and Italy to meet one third of the demand in the US.
Marchionne said that in order to make exports to the US feasible production costs in Italy needed to become more competitive and this meant ensuring that plants in Italy can be utilized ''in full and flexible capacity''.
"(If this is not possible) we will have to withdraw from two of our five operating plants," he said.
"It is like the situation in the film Sophie's Choice, when a Nazi tells Sophie she must choose to save one of her two children otherwise both would be killed. "And after making that choice she has to live with its consequences for the rest of her life. I hope I never have to be in that situation''.
In regard to labor relations, Marchionne said that some union leaders in Italy were more interested in politics and ''talk too much in the media about Fiat and Marchionne and talk too little with us''.
Since 2009 Fiat has boosted its initial 20% stake in Chrysler to 58.5%, while the remaining 41.5% is held by VEBA, a fund affiliated with the United Auto Workers (UAW) union, a situation which Marchionne said will soon change.
''Right now we are looking at three options. One, we go public with our stake; two, Fiat buys out VEBA; or three, we merge Fiat and Chrysler which would lead to an automatic listing that would dilute VEBA's stake as well as that of EXOR (the financial arm of the Agnelli family through which it controls Fiat).
''All I can say now is that the first option is the least probable,'' he added.
In the interview Marchionne praised the new Italian government of Premier Mario Monti which he said had ''in very little time given the world an image of Italy as a country which is changing. This was an incredible success''.
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