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The Forum Confcommercio 2019 was held on March 22-23 in Cernobbio, as usual, at Villa D’Este. It takes place every year, at the end of March, and is successful if the weather is fine. Each year, the Association of Italian Businessmen (Confcommercio) prepares an economic report on Italy and Europe.corriere.it This time it was dedicated to the European currency, and it was called: "The Euro is 20 years old". The report was presented by President Confcommercio Carlo Sangalli and director of analytical center Mariano Bella. And although the report was supposed to be in support of the euro, but it turned out that for Italy, at least, if you look at the data, everything is not so simple.


And finally, Confcommercio gave its forecast for Italy for 2019 and 2020. In 2018, GDP grew by 0.9%. According to the October forecast of last year, in 2019 they expected a 1% growth. The great problem of Italy is the large foreign debt, and the high cost of its service. And accordingly, high taxes on business and individuals. It is said that they will probably have to raise the VAT again, which will cost each Italian family almost a thousand euros of additional expenses. And the Association Confcommercio would not want this to happen. At Forum performed economists, trade union leaders and politicians. Vice Premier Matteo Salvini, who spoke at the Forum, also confirmed that he did not want to raise the VAT.


On the sidelines of the forum, on a green lawn, was discussed a visit to Italy by the Chinese leader with a large delegation of several hundred people, and whether this is good or bad. Mostly were said that it was not bad, it could give new opportunities for Italy, although one should be very careful with the Chinese. Although quite a few people, including Lara Comi, the vice president of the PPE party, the most numerous in the European Parliament, think that Europe as a whole should talk with China, and Italy is too weak a negotiator. But there were no Chinese at the Forum, so there was almost no talk about them. They grieved about Brexit, about the exit of Great Britain from the EU, and that this would lead to negative consequences both in Europe and in Italy. 20 degrees. With envy, it was possible to observe the clients of the hotel-villa, where they took sunbathing near the outdoor pool right in the lake. Although the economic future of Italy is not particularly pleased, but the sun disposed to a good mood. Therefore, everyone was cheerful, and the Forum, one might say, was a success. Moreover, it was 20 years anniversary. On this occasion, there was festive cake. Which turned out to be very tasty. Not as record as a few days ago, but much tastier.


MILANO, April 5 (Reuters) - The following factors could affect Italian markets on Friday. Reuters has not verified the newspaper reports, and cannot vouch for their accuracy. For a complete list of diary events in Italy please click on . The Italian government on Thursday failed to approve a planned decree to reimburse thousands of savers who suffered losses in bank collapses as a rift deepened between Economy Minister Giovanni Tria and the ruling parties. Italy’s government will reimburse all savers who suffered losses in bank collapses as soon as possible but in line with the law, Italian Economy Minister Giovanni Tria said on Friday.


ISTAT releases monthly bulletin on the state of the economy in March (0800 GMT). Bank of [https://www.cs.camcom.gov.it/it/content/service/carlo-sangalli-�-il-nuovo-presidente-nazionale-di-unioncamere Italy releases] March data on Target 2 liabilities and European Central Bank funding to Italian banks. A key condition for any bid by UniCredit for Commerzbank is that the merger not be seen as hostile by the German government or the bank, Il Messaggero said. A merger with France’s Societe Generale is the first option for UniCredit CEO Jean Pierre Mustier, newspapers said. A specialist fund run by BlackRock could be given until end-April to file a binding bid for troubled Italian lender Carige, a source familiar with the matter said on Thursday.


Coalition government partner the League aims to halt the mandatory conversion of the Italian cooperative bank into a joint stock company through an amendment in a decree approved on Thursday, La Repubblica said. Franco Bassanini might not be confirmed as chairman of broadband infrastructure group Open Fiber, La Stampa said. Fulvio Conti, currently chairman of Telecom Italia, could be a candidate to replace him, it said. Enel owns half of Open Fiber. 2 billion, the oil group said on Thursday. 200 million, the company said. The group has named Paolo Gallo CEO, it said on Thursday. Italgas will consider M&A in its future business plan and will make a non-binding bid for the gas distribution assets of regional utility Ascopiave, Gallo was cited by newspapers as saying at a shareholder meeting.


The construction company said on Friday it had won a contract for a hydroelectric plant in Australia worth 5.1 billion Australian dollars. The fashion group said it had hired designer Alber Elbaz for a new chapter of its Tod’s Factory project. A deadline for Ferrovie dello Stato to present a rescue plan for troubled carrier Alitalia is set to be extended by one month to end-April, a source close to the matter said. A decree approved on Thursday evening includes a provision for the government to take a stake in Alitalia, under a rescue plan for the ailing national carrier, Deputy Prime Minister Luigi Di Maio said. Annual general meeting (0830 GMT).


Ordinary and extraordinary shareholders’ meeting (0900 GMT). Annual general meetings: CULTI MILANO (0800 GMT), GRUPPO GREEN POWER. Board meetings on FY results: BIALETTI INDUSTRIE, NOVA RE. Brescia, Prime Minister Giuseppe Conte interviewed at "Family Business-Festival" (0900 GMT). L’Aquila, Prime Minister Giuseppe Conte attends the commemorative torchlight procession on the occasion of the 10th anniversary of the earthquake (2030 GMT). Milan, Deputy Prime Minister and Industry Minister Luigi Di Maio meets employers’ body Assolombarda President Carlo Bonomi and representatives of the General Council (0830 GMT).facebook.com Milan, conference on "Italy that Works. Reforms and Tools to Support Businesses" with Deputy Prime Minister and Industry Minister Luigi Di Maio, Foreign Affairs Undersecretary Manlio Di Stefano, Unioncamere President Carlo Sangalli (1300 GMT); followed by news conference (1430 GMT). Milan, conference on "Innovative Startups" with state lender Cassa Depositi e Prestiti CEO Fabrisio Palermo (0730 GMT). Milan, conference on "NPE R-Evolution" with Fitch Ratings representative Marina Paoletti, illimity Bank head of NPLs Division (0730 GMT). San Patrignano, "Sustainable Economy Forum" ends (0730 GMT); Expected attendees include FAO official Maximo Torero Cullen, Lavazza Group Deputy Chairman Giuseppe Lavazza, Hera CEO Stefano Venier; UBI Banca Management Board Chairwoman Letizia Moratti delivers closing address.


The 159-55 vote late Wednesday was largely symbolic since the parts are widely available on the open market. Doctoral student Giulio Regeni was abducted in Cairo on Jan. 25. His body, bearing signs of torture, was found nine days later on the side of a suburban Cairo road. Suspicions have run high in Italy that Egyptian police were behind the death, and Italian prosecutors have complained continuously that their Egyptian counterparts haven't come forward with all the information they have. Egypt has denied any police role. Egypt's foreign ministry called the vote "inconsistent" with the investigation. In a statement, the ministry added that its ambassador in Rome would deliver the message to Italian authorities. It is unclear if the measure — contained in a bill authorizing foreign missions — would be in the legislation before the lower Chamber of Deputies. Some center-right politicians criticized the vote, saying Egypt's F-16s are crucial in the fight against the Islamic State group.


A large coalition of northern Italian politicians and business leaders heaped criticism on Alitalia in last-ditch efforts to save Milan’s Malpensa airport from heavy cuts. Letizia Moratti, Milan’s mayor, called for a halt of up to three years in changes at Malpensa while Air France-KLM considers buying the lossmaking airline. The large gap was required to reconfigure Malpensa as a profitable hub, she said. Other speakers such as Carlo Sangalli, the president of the Milan chamber of commerce, said Malpensa, already the subject of a big cut in Alitalia flight slots, was being made the scapegoat for huge structural problems in the company. Alitalia’s controlling shareholder is the Italian state. The outgoing government of Romano Prodi, which has just fallen, is trying to force through the sale of the airline to Air France-KLM quickly. But there are questions over the government’s right to approve a sale when parliament is dissolved. Air One, a rival Italian airline, has also started legal proceedings in an attempt to invalidate the exclusive negotiations with Air France-KLM. She proposed offering a discount to Air France to cover the cost, which she said was a fraction of Malpensa’s worth to the economy. "There is no time, the slots are already being given up," Ms Moratti said. She called for an immediate meeting with the government, saying Rome had ignored repeated letters from her and other regional heads.


To produce these figures, the analysts, coordinated by Alberto Dell’Acqua, created a model to calculate Expo’s economic impact from scratch: "There was no model that could be adapted to such a long event as Expo" explained Dell’Acqua. "We considered the models used previously to calculate the impact of congresses and sporting events such as the Olympics and the World Cup, but they could not be replicated for Expo". The model created by SDA Bocconi also enables calculations to be made after the event, to check that values are in line with forecasts: "We can make a preliminary final calculation of the impact immediately after the Expo" said Dell’Acqua. "But we will have to wait until 2020 to get the complete final balance, when the actual long-term legacy effect expected over the time period considered by the study can also be calculated".


Bologna’s Chamber of Commerce has assigned its �[https://www.facebook.com/confcommercio/posts/incontro-del-premier-con-carlo-sangalli-il-presidente-di-confcommercio-ha-chiest/2212774058815288/ �Consul] for the Economy’ award to the President of Sacmi Imola, Domenico Olivieri. This important award acknowledges the Imola-based cooperative’s business achievements and also its dynamism and commitment under the difficult economic circumstances of the moment. This recognition, in fact, is - in the words of the chamber’s official note - extended to the heads of "outstandingly successful businesses" who have "enhanced the productive and inventive image of Bologna’s economy". The prize-giving ceremony will take place at 10 a.m. 27th June 2006 at the premises of Bologna’s Chamber of Commerce, in the Sala Topazio of Palazzo degli Affari (piazza Costituzione 8, Bologna).


Earlier on Thursday Confcommercio President Carlo Sangalli told the new government that "there can be no negotiating or haggling over VAT". Di Maio also said Thursday that the new 5-Star Movement/League government's call for sanctions on Russia to be revised does not mean it wants to exit NATO. NATO Secretary-General Jens Stoltenberg and the US Ambassador to NATO Kay Bailey Hutchinson said Wednesday that the sanctions should stay. Di Maio, who is also the M5S leader, said on the fringes of a meeting with Leonardo managers about the aerospace group's plant at Pomigliano d'Arco, near Naples. I'm not worried about the No on Russian sanctions.


The General Assembly of Confcommercio 2018 was full of expectations and greatly successful and it was also the official baptism of the new Lega-Cinque Stelle government. President Carlo Sangalli's report was applauded, followed by the speech of the Minister of Economic Development, Labour and Social Policies Luigi Di Maio. The hall was crowded by more than 3,000 participants, including several members of the new executive, such as the Economy Minister Giovanni Tria and the Interior Minister Matteo Salvini. Tecnoconference Europe-Del Fio Group has been confirmed as a technological partner of Confcommercio supporting it in the management of any technical aspects of the event. The technological set-up was based on a large screen, on which a three-camera video Full HD direction broadcast live images, alternating them, with picture in picture effect, to numerous graphic contributions. Tecnoconference Europe also produced digital badges and provided the presence detection systems through 15 on-site accreditation stations and as many radio laser barcode readers. The Press Room was connected to the auditorium by a closed-loop fiber optic monitor system. Tecnoconference Europe-Del Fio Group monitored the entry statistics of VIP guests in real time and delivered the total access report in 48 hours. Finally, President Carlo Sangalli used the teleprompter to support his official speech, in the modern "transparent" version, with reflecting mirrors.


Milan," Italy's Prime Minister Matteo Renzi announced jubilantly last week. Milan's recently elected mayor, Giuseppe Sala, was even quicker to flag-up his city's attributes, saying on the day Britain voted to leave the EU that the outcome "could be an opportunity for Milan". The Lombardy city, already Italy's financial and start-up hub, could become "a land of opportunity", he added. One of those ways could be to create a tax-free zone in the area of the city where the World Expo exhibition was held last year. It's an idea that formed part of Sala's election campaign and was given fresh impetus by the Brexit vote. It's not just the banks Italy wants.


Long before the UK's referendum on June 23rd, Renzi was hatching a plan to snare two EU agencies - the European Medicines Agency (EMA) and the European Banking Authority (EBA) - away from London and resettle them in Milan. Amid all the gloomy statistics on Italy's economy, it seems to pass unnoticed that the country's pharmaceutical industry is the second largest in Europe in terms of production, while Italy is the world's number one exporter of medicines per capita. "'Made in Italy' is not just limited to Gucci and Prada," Luca Pani, who heads up Italy's drugs agency (Aifa), told the online pharmaceutical sector news site, Farmacia33, a day before the UK's vote.


But can Milan compete with the other European cities, namely Paris, Frankfurt, Dublin, Madrid and Amsterdam, which have also pitched themselves as viable contenders to London? Milan's Naviglio Grande canal. Then there's the flourishing start-up scene, which was given some additional vigour as the city spruced itself up ahead of hosting the Expo last year. With over 800 start-ups now based there, Milan came 10th in a ranking last year of the 15 most welcoming European cities for their start-up ecosystem. The city is also home to some great restaurants, the La Scala opera house, a dazzling Gothic cathedral, all the while being on the doorstep of Italy's lake district. For Milan's Chamber of Commerce, the city must embrace the opportunity to make the most out of Brexit.


"The challenge is useful and strategic because it engages the system of Milan, Italy Is Growing, But Slowly the region and the national government to strive for ever higher levels of excellence," the chamber's president, Carlo Sangalli, said in a statement sent to The Local. The idea of creating a tax-free zone bodes well for the city's future, which could also be beneficial for small and medium-sized companies, especially those in the service sector, Sangalli added. But while Milan might be attractive for some Italy-related operations in London, "dealmakers generally want to be where the action is," Carmello Brunetta, an Italian trader who lived in London for a decade, told The Local. But will either of those be as appealing in terms of lifestyle? For Pietro Piccinetti, the CEO of Fiera di Roma, an events management company, another Italian city should throw its name in the hat: Rome. "If Italy plays the game well, Brexit could bring good opportunities for our country, Milan and Rome - two cities which have an affinity with London," he told The Local. The move could also help reverse the ‘brain drain', Piccinetti added. Over the last decade or so, thousands of young Italians have fled to London for work.


Given the current economic scenario, and despite a net profit for 2011 higher than that for 2010, the decision not to distribute a dividend for 2011 is aimed at reinforcing the company’s assets and financial structure. The entire Board of Directors was elected on the basis of a single list presented to the Shareholders by the majority shareholder Fininvest S.p.A. Within the Board of Directors appointed by the Shareholders the directors Martina Mondadori, Angelo Renoldi, Mario Resca, Cristina Rossello, Carlo Sangalli and Marco Spadacini also meet the requirements of independence, foreseen by art. After the Shareholders’ Meeting, the Board of Directors met and also determined that the aforementioned directors were also compliant with independence requirements foreseen by the Code of Conduct for listed companies. The Board of Directors confirmed Maurizio Costa as Deputy Chairman and Chief Executive, attributing to him all the relative powers for the management of the company.


Remuneration and Appointments Committee: Marco Spadacini (Chairman), Bruno Ermolli and Carlo Sangalli. Carlo Maria Vismara was also confirmed in the role of manager responsible for preparing the financial reports. The Board of Statutory Auditors, appointed by the Shareholders for the years 2012-2014, is made up by: Ferdinando Superti Furga (Chairman), Francesco Antonio Giampaolo and Franco Carlo Papa (standing auditors), Ezio Maria Simonelli and Francesco Vittadini (substitute auditors). The entire Board of Statutory Auditors was appointed on the basis of a single list presented to the Shareholders by majority shareholder Fininvest S.p.A. Following the expiry of the term fixed for the authorisation issued at the Annual General Meeting of 21 April 2011, the shareholders renewed authorisation to effect share buy-backs, up to a limit of 10% of the share capital. The shareholders also authorised, as per Art.


The Forum offered the opportunity to confirm a widespread desire to boost economic relations between Italy and Arab countries and to turn the existing challenges into real opportunities on both sides. Hosted by the Chamber of Commerce of Milan, Monza Brianza and Lodi in the prestigious Palazzo Turati, the event was a unique opportunity to discuss internationalization and trade exchange growth between Italy and Arab countries. Great interest and participation aroused during the various working sessions, both for the issues addressed and the profile of the distinguished panelists involved. General consensus was found on the importance of providing companies, especially Italian SMEs and newly created Arab companies with real tangible support. In this regard, it was also stressed the critical importance of a correct approach, including from a cultural point of view, to such different markets, in order to achieve growth goals.


The opening ceremony, conducted by H.E. Ambassador Azouz Ennifar, was the occasion to introduce all the aspects characterizing Italian and Arab economic relations. Following the welcoming remarks, H.E. Zayed Alzayani, Minister of Commerce, Industry and Tourism of Bahrain, advocated for an increasing growth of economic relations between Italy and Bahrain. In the 2017 edition, the first panel, moderated by JIACC’s Vice President Pietro Paolo Rampino, introduced the issues regarding industrialization of Arab countries and policies to attract foreign investments. Khalid Al Rumaihi, CEO of the Bahrain Economic Development Board, took part in the discussion and pointed out the remarkable success that can be achieved with policies aimed at attracting foreign investments. Licia Mattioli, Vice President of Confindustria, was also present; Ahmed El Mofty, Commercial Director of the East Port Said Development Zone, presented the enormous development opportunities (especially for Italian companies) in the special economic zone adjacent to Port Said.


Fundamental was the Focus by Mr. Marco Ferioli of SACE Dubai on the tools made available for Italian entrepreneurs when exporting to or investing in Arab countries. Italian Minister of Foreign Affairs, Angelino Alfano in his remarks stressed the role that the Ministry of Foreign Affairs plays in helping Italian companies abroad and in particular in the MENA Region, a fundamental region for the Italian productive system. The second panel brought the attention on the issue of energy diversification and the transformation of the so-called Oil & Gas Economies. This topic opens up new scenarios and significant business opportunities in the Renewable Energies sector, where Italian companies can play a leading role. The last panel offered broad overview on different business opportunities. As a matter of fact, Infrastructures and Tourism still offer promising scenarios, while the Luxury Goods segment, which involves several Made in Italy excellencies, keeps showing considerable room for development. Finally, the discussion moved onto Islamic finance as a booster and a helpful tool for Italian companies, as well as on progress and changes in the financial services sector. Among the panelists, H.E.


Ecommerce had an outstanding worth in Italy, going up the value of 24 billion dollars that is an estimated 19% increase. One of the reasons the worth took a rise would certainly be the changing of the consumer habits. People place comfort before anything in today’s times and so the Italians prefer to shop online rather than going to the stores physically. Due to such factors, the shops have suffered great loss, around 63,000 shops closed up due to the suffering of economic crises and online shopping trend. Music and films (11 percent). There should be a compromising manner through which online and offline shopping can compete one another because the economy could suffer more loss If more shops are starting to close down. Carlo Sangalli stated that Online and offline commerce must be unified and there need to be rule that is applicable to everyone for companies to compete on equal terms and taxes. Fabio Fulvio who is the current director for the development policies also agreed to Carlo’s statements and further added that the unification would further help each other as not everyone buys from the online stores. However, it’s a way to handle the unbalance of economic crises through offline and online shopping.


1. Securing to the Chambers of Commerce the resources coming from the annual fee cut by 50% by the Reform. Without resources, the Chambers of Commerce cannot play an effective role in sustaining enterprises. 2. Finalizing the 40 Million Euro (5 Million Euro from Veneto) given by the Chambers of Commerce annually to the State budget in order to cover the government debt to enterprises, by means of measures supporting credit and 4.0 innovation. 3. Completing the Chamber Reform and relaunching the Chamber of Commerce role in simplifying the relationship with the Public Administration. The Undersecretary Massimo Bitonci confirmed the attention to the Chambers of Commerce for their close relationship with enterprises. He anticipated the will of the Government in changing the enterprises taxation, in order to make them more competitive. President Pozza and the Undersecretary agreed about a meeting with the Councils of the Venetian Chambers of Commerce in order to put into effect such requests. On such issues – says the President of Unioncamere del Veneto Mario Pozza – I know that also the new National Unioncamere President Carlo Sangalli – to whom I wish a successful work - fully agrees.


The following factors could affect Italian markets on Wednesday. Reuters has not verified the newspaper reports, and cannot vouch for their accuracy. For a complete list of diary events in Italy please click on . Rome, conference on "The Independent Evaluation of the OECD on the Italian StartUp Act" with Chamber of Deputies Speaker Roberto Fico, Deputy Prime Minister and Labour Minister Luigi Di Maio (0800 GMT). Rome, 50th edition of "Barcolana" presentation with Cabinet Undersecretary Giancarlo Giorgetti, Friuli-Venezia-Giulia Region Governor Massimiliano Fedriga (1000 GMT). Rome, Infrastructure and Transport Ministry presents first national day for seismic prevention with Minister Danilo Toninelli (1030 GMT).


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