The presidents and CEOs of the European Round Table of Industrialists, in a letter, urge the European Union raise in advance of the referendum on Brexit, scheduled for 23 June, which will decide on the permanence or otherwise of the United Kingdom to the EU.
The 51 CEOs, therefore, line up for "no". While respecting the decision of the British public, "we believe that a Europe without the UK would be weaker, as it would be weaker the United Kingdom itself outside of Europe."
The outlook for the Swiss economy improved slightly in May: the barometer of the economic research center at ETH Zurich (KOF) stood at 102.9 points, 0.3 points more than in April (revised indicator from 102,7 to 102.6).
The figure is in line with forecasts: the analysts interrogated by the agency AWP betting on an index of 102.0 and 103.0 points. Since last February, the barometer is moving steadily above the long-term average: this suggests a continuation of the positive economic development in the coming months, the KOF said in a statement today.
The European Commission could create a task force to regulate virtual currencies like Bitcoin in order to avert the use in money laundering or terrorist financing.
Parliament’s proposal was approved Thursday, May 26, in a non-binding resolution with 542 votes in favor, 51 against and 11 abstentions. It will now be sent to the European Commission, which must examine it. From the outset, it must be said, the resolution proposes a variety of inefficiency risks or negative balance of the measure.
Sweden seems immune to the global slowdown. In the first quarter of 2016, Sweden’s GDP has recorded a + 0.5% MoM, + 4.2% compared to the same period last year, despite being slightly below analysts’ estimates.
According to the KOF indicator. The Scandinavian country sees a rosy future. The index, which serves as the economic barometer for the Alpine economy, rose in May to 102.9 points from 120.6 points in April, as measured by the Economic Institute. This is the highest level since May 2015. "Since February, the barometer is steady above their long-term average. This indicates a continuing positive development of the Swiss economy in the coming months," the statistics office said in a statement.
Zurich is the second city in Europe for percentage of residents happy of his employment, to make known is a study of the European Commission. Ranked the largest city in Switzerland exceeds metropolis likes of London (27th place), Paris (8th), Copenhagen (5th), with a lunsinghiero 83% of the population declares itself happy. Only 11% responded negatively to the survey, but in this case seems to be the cost of living, considered high, affect judgment.
The BSI scandal, which will see the closure of the oldest bank of Ticino, has created concern about the possible loss of jobs. Yesterday, the new CEO Roberto Isolani met, together with the Vice-President of the Board Eugenio Brianti, at Town Hall the Mayor of Lugano Marco Borradori. "FINMA’s decision will not lead to a drastic cut in jobs or a customer run," Isolani said.
On the other hand, the Mayor has not shown so optimistic "To know whether or not there will a customer escape with cuts of personnel we’ll have to wait for the next few days", Borradori noticed.
The Federal Council approved today the program of stabilization of the federal budget for the 2017-2019 period provides for lower outputs of between 800 million and one billion francs a year. The plan was necessary because of the "holes" in the state budget caused by the strong appreciation of the franc following the abandonment of the minimum change threshold with the euro by the Swiss National Bank.
The G7, which began this morning in Japan, saw emphasized by leaders committed fears about the emerging economies, while Japanese Prime Minister Shinzo Abe has made noise with the statement in which he likened the current situation to the financial crisis triggered by the Lehman bankruptcy in 2008.
"The G7 leaders share the idea that emerging economies are facing a difficult situation even though there are those who say that the current framework can not define ‘crisis’," said the deputy head of the Cabinet Secretariat, Hiroshige Seko , speaking to reporters at the beginning of the two-day G7 in Ise-Shima.
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