• Istat, economic weakness continues. Confindustria: "Country in the balance"
  • Istat, increasing tax burden and household income

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08 October 2019The data contained in the Report on the unobserved economy attached to the Update note to the Def "show the persistence of high levels of tax and contribution evasion, critical aspects for strengthening our country's competitive and growth capacity and for the effectiveness and fairness of public policies ". This was emphasized by ISTAT president Gian Carlo Blangiardo in the hearing on Nadef. The estimates in the report show, on average, in the three-year period 2014-2016, a total gap of around 109.7 billion.

On the growth objectives, Blangiardo stated: "The target for programmatic growth set by the Government for 2019 (+ 0.1%), equal to the rate of change acquired in the second quarter, appears to be consistent" with the "current" scenario in absence of disturbances deriving from a significant involution of the international scenario ".

"Productivity premium up to + 15% for sustainable companies"
"The companies most oriented towards sustainability" show "the presence of a premium in terms of productivity that can even reach 15%", the ISTAT president said, recalling that "the added value of" eco-industries ", ie economic activities whose main purpose is the protection of the environment or the management of natural resources, in 2017 it was equal to 36 billion euro and 2.3% of GDP, with a tendency for growth higher than the average for the economy ".

"From significant impact duties on food products"
"The imminent introduction of new import duties in the United States, according to a selective logic differentiated by product type according to the EU country of origin, has a significant impact on a limited number of excellent products in our agro-industry -Food ". The president of Istat told the Budget committees of the Chamber and Senate. Overall, "the economic value of these products in 2018 amounted to around 400 million euros, which account for less than 1% of national exports to the USA, representing almost 10% of the economic value of Italian food sales in the USA ", he underlined. "The regions that are characterized by a greater weight of these products, both with respect to the overall export and to the specific export of food products to the USA, are Sardinia (almost 10% of the total export, over 80% on food), Valle D'Aosta (1.4% and over 40%), Emilia Romagna (1.6% and over 20%), Lombardy (less than 1% and more than 15% ), Followed by a weight of the products subject to new duties on the total of exported food products between 5% and 10%, Calabria, Lazio, Piedmont, Veneto and Campania ".

"Latest in the EU for women, weighs the family role"
In Italy "only 56.2% of women still participate in the labor market and the employment rate does not exceed 50%. These are the lowest values, together with those of Greece, among EU countries where the activity rate is equal to 68.3% and the employment rate to 63.4% ", Blangiardo observes explaining that" the role held in the family, in the absence of an adequate support system, appears as one of the discriminating factors (together to the region of residence and to the degree) ".

"Citizenship income subject to monitoring"
The citizenship income is "still something recently, we are gathering information and providing a report. It is the object of interest and monitoring by the institute", specified Blangiardo.