Europe

The Zhukovsky airport, the fourth Moscow International site, opened its doors despite the decline in air traffic caused by the economic downturn and the international sanctions imposed on Russia.

Inaugurated by Prime Minister Dmitry Medvedev, the airport is located in the small town of Ramenskoye, near Moscow; it is the only airport in the Russian capital belongs to foreign investors, and by 2017, it will be quoted on the Stock Exchange, the first airport in the country. The first airport operator is the Air Kyrgyzstan, Kyrgyz airline, whose flights are being transferred to the new airport in the airport Domodedovo. The airport management company, Ramport Aero, said that will have a capacity of 4 million passengers a year.

The gross domestic product (GDP) of Switzerland registered an increase of 0.1% in the first quarter from the previous three months. On a year the increase was 0.7%, announced the Secretariat for Economic Affairs (SECO). GDP was supported by household spending, investment in plant and equipment and those in construction, while the state consumption was affected in a negative way.

The costs of households have progressed the 0,7%. They have contributed to the growth sectors of health, housing and energy, while clothing and footwear continue to fall. State expenditure recorded a decrease of 0.8%. Investment in equipment marked a + 2.1%, + 1.1% as construction.

Emissions from new cars, registered during 2015 in the EU, are lower than those of 2014 and less even than the target, according to preliminary data published by the European Environment Agency. Only Estonia and Latvia are still higher than average levels of emissions targets, while all other EU countries have already achieved it. The Netherlands, with an average of 101.2 g / km of CO2, reached the lowest level emissivity between EU countries. Manufacturers will have to further reduce CO2 emissions, to achieve the second objective set at 95 g / km by 2021.

It was a rumor, but today the confirmation came: the next 25 November Raiffeisen will close four of its ten branches in the Three Valleys, Acquarossa, Giornico, Piotta and Pollegio.

The other six locations – Airolo, Faido, Olivone, Malvaglia and Biasca Lodrino – instead remain open and enhanced by the banking group. The reorganization will not lead to job cuts.

The new OECD report on the growth of developed countries estimates a modest world economic growth, due to a series of short-term risk factors such as Brexit, geopolitical tensions and market volatility.

According to the chief economist of the organization, Catherine Mann, the world economy "has fallen into a low growth trap", so much so that the last OECD Economic Outlook report sees a global GDP growth of 2.1% in 2016 and 3.2% in 2017.

Even conservative estimates for GDP in the OECD area, expected to slow to 1.8% this year and recover to 2.1% in 2017. For the Eurozone is estimated a 1.6% growth and the 1.7% and for the United States by 1.8% and 2%.

Switzerland becomes again in second place in the ranking of the most competitive countries compiled by the Institute for Management Development (IMD) in Lausanne. Last year she was ranked fourth, losing two positions, because of the strong franc.

Hong Kong leads the ranking, displacing the first place, occupied the last three years by the United States, now dropped to third place. The US economic power is no longer enough to make her stand out in the ranking of the most competitive countries, as reported by the press today the institute.

According to ISTAT, the unemployment rate in Italy in April moved up to 11.7% from 11.5% in March (revised from 11.4% of the original estimate). Also increasing the rate of youth unemployment by 0.2% to 36.9%, but there is also good news, and that concerns the number of employees, grew up in the month of 51,000 units, bringing the rate to 56.9% (+ 0.2%), the highest rate since April 2011.

In detail, after + 0.3% in March, employment has improved by + 0.2%, marking an increase of 35,000 units between employees (all of them with permanent contracts) and 16,000 units of the self-employed. The growth relates to men and women of all age categories, with the exception of those between 35 and 49 years.

Volkswagen opens 2016 with an increase in operating profit and net profit decline: the German group closed the first quarter with an operating profit of 3.44 billion Euros against 3,228 in the same period of 2015 (+ 3.4%) despite a decline by the same percentage of revenues, decreased to 50.9 billion from 52.7. The decrease in revenues stems in part from the decline in sales (-1.2% to 2.577 million units) and in part by currency factors.