Page 8 - L'ITALIANO
P. 8
PAGINA 8
ECONOMIA
L’ITALIANO SABATO 23 MARZO 2019
Êߦƃ1⁄2Óƃƃs¦Ê3
&¦ƃ23ƃ1⁄2ÏÊsƃ
sƃÀs¦ääsÀ
¦sƃ¿ÏsÀÊsƃU3ÀÀ
ÉÂÕ1⁄4ääÉȇéȇ1⁄4ȅé1⁄4ä¬ÂÉȇÕ¬ÃÉȇ1⁄4ȇȂéØôÉȃȇÜä¬ÃäÉ ¬ȇ¬ÕÃÃä¬ȇ1⁄4ȇ¤¬¤Ãäȇ1⁄41⁄4ȇÉÃÜé1⁄4ÃĀȇĀ¬Ã1⁄4ȇSõ
@+:AGǧȇ'JOP B VO QBJP EJ BO OJ GB FSBOP JO QPDIJ B TDPN NFUUFSF TVM TVDDFTTP 5SPQQP BMUJ J QSF[[J TJ EJDFWB B GSPO UF EJ VO NFSDBUP JNNPCJMJBSF BODPSB JO TPGGFSFO[B F USPQ QP BNCJ[JPTJ J QSPHFUUJ EJ UF OFSF JOTJFNF VGGJDJ SFTJEFO [F F DFOUSP DPNNFSDJBMF HB SBOUFOEP MB NBTTJNB FGGJDJFO [B OPO TPMP JO UFSNJOJ EJ DPO TVNJ FOFSHFUJDJ NB BODIF EJ TUJMJ EJ WJUB F TJDVSF[[B &QQV SF OPOPTUBOUF JM DPOUFTUP EJ GPOEP OPO TJB NVUBUP $JUZMJ GF JM QSPHFUUP EJ SJRVBMJGJDB [JPOF JNNPCJMJBSF OFMMB DJUUÈ EJ .JMBOP DIF QPSUB MB GJSNB EJ (FOFSBMJ WB WFSTP JM DPN QMFUBNFOUP 5BOUP DIF TJ JO GJUUJTDPOP MF WPDJ EJ VO TVP QP UFO[JBNFOUP DPO MBSSJWP EJ OVPWF DPTUSV[JPOJ " NFOP EJ VO BOOP EBMMBWWJP EFJ MBWP SJ MB UFS[B UPSSF EFUUB i*M $VS WPw DIF QPSUB MB GJSNB EFMMBS DIJTUBS %BOJFM -JFCJTLJOE Ï BSSJWBUB BM FTJNP F VMUJNP QJBOP TPQSB JM RVBMF Ï TUBUB QPTBUB MB CBOEJFSB JUBMJBOB "E BQSJMF JOJ[JFSÈ JM NPOUBH HJP EFMMB DPSPOB TPNNJUBMF MB TUSVUUVSB JO BDDJBJP F WFUSP EJ PMUSF NFUSJ DIF BOESÈ B DPNQMFUBSF JM DPODFQU EFMMB UPSSF $SFTDJVUB OFMMVMUJNP BOOP HSB[JF BM MBWPSP EJ QJÞ EJ PQFSBJ MB 5PSSF 1X$ BWSÈ MJWFMMJ EJ DVJ
QJBOJ BCJUBCJMJ QFS NFUSJ EJ BMUF[[B
* MBWPSJ DJSDB NJMJPOJ JM DPTUP QFS JM -FPOF TBSBOOP DPNQMFUBUJ FOUSP MBVUVOOP EFM QSPTTJNP BOOP RVBOEP MJNNPCJMF TBSÈ BGGJUUBUP QFS OPO NFOP EJ BOOJ B 1X$ HJHBOUF EFMMB SFWJTJPOF DPOUB CJMF F EFMMB DPOTVMFO[B DIF TQPTUFSÈ JO RVFTUB TFEF UVUUP JM QFSTPOBMF EJ TUBO[B B .JMB OP DJSDB QFSTPOF USB EJ QFOEFOUJ F DPOTVMFOUJ 6OB TDFMUB TJNJMF B RVFMMB GBUUB EBMMB TUFTTB (FOFSBMJ OFMMB UPSSF DIF Ï TUBUB QSPHFUUBUB EB ;BIB )BEJE F EB "MMJBO[
DPO MB GJSNB EJ "SBUB *TP[B LJ DIF PDDVQBOP MF BMUSF EVF UPSSJ " DPNQMFUBSF $JUZMJ GF TPOP J DPNQMFTTJ SFTJEFO [JBMJ DIF PTQJUBOP BQQBS UBNFOUJ HJÈ DPNQMFUJ QJÞ BM USJ EB SFBMJ[[BSF F MP TIPQQJOH EJTUSJDU DPO OF HP[J SJTUPSBOUJ F CBS TFUUF TBMF DJOFNB F VO TVQFSNFSDB UP 6OB WPMUB DPNQMFUBUB $J UZMJGF TBSÈ MB QJÞ HSBOEF BSFB QFEPOBMF JO *UBMJB NJMB NFUSJ RVBESJ BMMJOUFSOP EJ VOBSFB DIF DPNQMFTTJWBNFO UF TJ FTUFOEF TV NJMB NF USJ RVBESJ DPO MB DJSDPMB[JP OF EFMMF BVUP F J QBSDIFHHJ FTDMVTJWBNFOUF BJ QJBOJ JOUFS SBUJ VO OVPWP QBSDP VO QBS DP QVCCMJDP DPO MJOUFHSB[JP OF EJ QFSDPSTJ DJDMBCJMJ F QFEP OBMJ F BNQJ GSPOUJ EJ DPOUBUUP EJSFUUP DPO J RVBSUJFSJ DJSDP
TUBOUJ 6OJOJ[JBUJWB FTDMVTJ WB F QFS RVFTUP DPO DPTUJ FMF WBUJ MF BCJUB[JPOJ QBSUPOP EBJ NJMB FVSP BM NFUSP RVB ESP QFS J QJBOJ CBTTJ QFS BSSJ WBSF BODIF B RVPUB NJMB DIF BWFWB GBUUP TUPSDFSF JM OB TPBQJÞEJVOPTTFSWBUPSF EB UP JM QFSJPEP OPO QSPQSJP CSJM MBOUF EFMMJNNPCJMJBSF F EFMMFDPOPNJB JUBMJBOB QJÞ JO HFOFSBMF&QQVSF EPQPJMSP EBHHJP JOJ[JBMF WJ Ï TUBUB MB DPSTB BE BHHJVEJDBSTJ HMJ TQB [J EJTQPOJCJMJ UBOUP DIF PSB (FOFSBMJ TUB WBMVUBOEP EJ SFB MJ[[BSF BMUSF EVF UPSSJ QFS VGGJ DJ
1FS MB RVBSUB TUSVUUVSB o EB DJSDB QJBOJ EB SFBMJ[[BSF EPWF PHHJ DJ TPOP EFJ DBNQJ EB UFOOJT QSPWWJTPSJ TPOP TUBUJ JOWJBUJ JO RVFTUJ VMUJNJ HJPSOJ B TFUUF TUVEJ EJ BSDIJUFU UVSB JOUFSOB[JPOBMJ HMJ JOWJUJ QFS MB HBSB SFMBUJWB BM QSPHFU UP DPO MPCJFUUJWP EJ BSSJWBSF BMMB GPSNB EFGJOJUJWB FOUSP MF TUBUF -B RVJOUB UPSSF QPUSFC CF BSSJWBSF BODIF B QJBOJ EBUP DIF WFSSFCCF VCJDBUB EB WBOUJ BM 7JHPSFMMJ TUPSJDP JN QJBOUP QFS JM DJDMJTNP TV QJ TUB F OPO WJ TBSFCCFSP QFS UBOUP WJODPMJ EJ BMUF[[B 6O TVDDFTTP QJFOP QFS JM SFBM FTUB UF EJ (FOFSBMJ F VOB DPOGFS NB EFMMBQQFBM EJ .JMBOP DIF DPOUJOVB B DSFTDFSF B EJ TQFUUP EFMMB TUB[JPOF JUBMJB OB
Z(
8sää33ƃū Às¦ŬŖ Ï3Àƃ1⁄2ϦÄsÊƃ ¦¦sƃÀÀsä3 ÏÀ~ssƃƃ8¦s3
ȇéÃȇÃÃÉȇ1⁄41⁄4ȅ¬Ã¬Ā¬Éȇ¬ȇ1⁄4ôÉجȇ ȇÜääȇÉÂÕ1⁄4ǻ ääȇ1⁄4ȇØ1⁄4¬ĀĀĀ¬ÉÃȇ1⁄41⁄4ȅé1⁄4ä¬ÂÉȇÕ¬ÃÉȇ1⁄4ȇéØǻ ôÉȇ©ȇ1⁄4ȇżźżźȇÉÜÕ¬äØȇ¬ȇÃéÉô¬ȇ飣¬¬ȇ¬ȇSõǧȇ ÉÕÉȇ1⁄4ȇbÉØجȇ¬ȇ#ÃØ1⁄4¬ȇ£ÉäÉȇ¬Ãȇ1⁄4äÉȇȇ1⁄41⁄4¬ÃĀȇ ȇܬìÜäØȇÃ1⁄4ȇ¤¬ØÉȇ¬ȇÕÉ©¬ȇÂܬȇéÃȇ1⁄4äØÉȇ¬£¬ǻ ¬ÉȇÃØȇȇ£ØȇÕØäȇ¬ȇ¬äû:¬£ǠȇǽÜÂÕØȇÕ¬îȇ éÉØȇÕé1⁄4ÜÃäȇ1⁄41⁄4ȇج¤ÃØĀ¬ÉÃȇéØÃȇ¬ȇ @¬1⁄4ÃÉǾǠȇ©ȇääÉÉȇ1⁄4Éȇ@ĀĀÉÉȇÉȇ¬ȇ#ǻ ÃØ1⁄4¬ȇV1⁄4ȇÜääȇȇÕØܬÃäȇ¬ȇ¬äû:¬£ǧ
:ȅ::V@ȇ+ȇgA+@SVZ
Pƃ~¦3sƃ¦ƃ¬3Ê3Àƃ¦ƃÀÊ3 ÀÄ33ƃƃÀÊƃƃÄ3Àäs
MJBSEJ BM NFTF UBHMJBUJ BE B[JFOEF F DJUUBEJOJ 2VFTUJ J EBUJ QSJODJQBMJ EFM SBQQPSUP NFOTJMF TVM DSFEJUP SFBMJ[[B UP EBM $FOUSP TUVEJ EJ 6OJN QSFTB TFDPOEP DVJ TPOP DBMB UJ UVUUJ J UJQJ EJ GJOBO[JBNFOUJ BMMF JNQSFTF RVFMMJ GJOP B BOOP EJ NJMJBSEJ RVFMMJ GJ OPBBOOJEJNJMJBSEJF RVFMMJ PMUSF BOOJ MVOHB EV SBUB EJ NJMJBSEJ j4J Ï EJ OVPWP GFSNBUP JM NPUPSF EFM DSFEJUP Ï VO BMMBSNF SPTTP QFS MB SJQSFTB EFMMFDPOPNJB *M GBUUP DIF MF TPGGFSFO[F IBO OP JOWFSUJUP MB UFOEFO[Bx DPNNFOUB JM WJDFQSFTJEFOUF EJ 6OJNQSFTB $MBVEJP 1VD DJ
4FDPOEP JM SBQQPSUP EFMMBT TPDJB[JPOF CBTBUP TV EBUJ EFM MB #BODB E*UBMJB JM UPUBMF EFJ QSFTUJUJ BM TFUUPSF QSJWBUP Ï DB
MBUP OFMMBSDP EFMMVMUJNP BO OP EJ NJMJBSEJ QBTTBOEP EBJ NJ MJBSEJ EJ HFOOBJP BJ NJMJBSEJ EJ HFOOBJP /FM EFUUBHMJP Ï DBMBUP EJ NJMJBSEJ MP TUPDL EJ GJOBO[JBNFOUJ BMMF JNQSFTF QBTTBUJ EB NJ MJBSEJ B NJMJBSEJ JO QBS
&ƃ1⁄2ÀÄÊÊƃs¦ƃÄÊÊ3À 1⁄2ÀØsÊ3ƃ¦ƃϦʬ 3ƃ¬ÄƃÄ33ƃ À3¦¦sÊƃƃööƃ¬¦sÀ
UJDPMBSF TPOP DBMBUJ EJ NJMJBSEJ EB NJMJBSEJ B NJMJBSEJ J DSF EJUJ B CSFWF UFSNJOF GJOP B BOOP HJÞ EJ NJMJBSEJ
J QSFTUJUJ EJ MVOHB EVSBUB PMUSF BOOJ TDFTJ EB NJMJBSEJ B NJMJBS EJ TPOP JOWFDF EJ OVPWP TDF TJ DPO VO DBMP EJ NJMJBSEJ
JGJOBO[JBNFOUJEJ NFEJP QFSJPEP GJOP B BO OJ QBTTBUJ EB NJMJBSEJ B NJMJBSEJ 3JTVMUBOP DPNQMFTTJWBNFOUF JO MFHHF SP DBMP EJ NJMJBSEJ
JQSFTUJUJBMMFGBNJ HMJF QBTTBUJ EB NJMJBS EJ B NJMJBSEJ JO QBSUJDP MBSF Ï TBMJUP EJ NJMJBSEJ
JMDSFEJUPBMDPOTV NP EFOBSP DPODFTTP QFS BD RVJTUBSF FMFUUSPEPNFTUJDJ BV UPNPCJMJ UFMFWJTPSJ F TNBSU QIPOF QBTTBUP EB NJ MJBSEJ B NJMJBSEJ JO BV NFOUP BODIF J NVUVJ EJ NJMJBSEJ TBMJUJ EB B NJMJBSEJ
+Ãȇ¤ÃìÉȇجÜÕääÉȇȇ¬ÂØ ȅ ȇéÃȇéÂÃäÉȇ¬ȇžȇ¬1⁄4¬Ø¬ éÃȇܤÃ1⁄4ȇÕØÉéÕÃä ¬ȇÉÂȇ£Â¬¤1⁄4¬ȇȇ¬ÂÕØÜ Ü¬ÃÉȇ¬ȇÃéÉôÉȇ¬Ãȇ¬££¬É1⁄4äȇ
@+:AGǧȇ5PSOBOP B TBMJSF J DSF EJUJ JO TPGGFSFO[B EFMMF CBO DIF JUBMJBOF B HFOOBJP SJ TQFUUP B EJDFNCSF MF TPGGFSFO[F OFUUF TPOP BVNFO UBUF EJ RVBTJ NJMJBSEJ EJ FV SP *M UPUBMF EFMMF SBUF OPO QB
HBUF EBMMF JNQSFTF F EBMMF GB NJHMJF Ï QBTTBUP JO VO TPMP NFTFEBNJMJBSEJB NJMJBSEJ DPO VO JODSFNFOUP TVQFSJPSF BM 6OB JOWFS TJPOF EJ UFOEFO[B DIF BDDPN QBHOB JM DPTUBOUF DBMP EFJ QSF TUJUJ RVFMMJ BM TFUUPSF QSJWBUP TPOP DSPMMBUJ OFHMJ VMUJNJ NFTJ EJ NJMJBSEJ " QFTBSF JO QBSUJDPMBSF JM DSPM MP EFMMF FSPHB[JPOJ JO GBWPSF EFMMF B[JFOEF EJNJOVJUF EJ PM USF NJMJBSEJ EB NJMJBS
EJ B NJMJBSEJ 1FS RVBOUP SJHVBSEB MF GBNJ HMJF JOWFDF DSFEJUP BM DPOTV NP NJMJBSEJ F NVUVJ QFS MF BCJUB[JPOJ NJMJBS EJ BUUFOVBOP MB EJTDFTB EF HMJ jJNQJFHIJx UPUBMJ DBVTBUB EBMMB EJNJOV[JPOF EFJ QSFTUJ UJ QFSTPOBMJ NJMJBSEJ *O UPUBMF MP TUPDL EJ JNQJFHIJ BM TFUUPSF QSJWBUP Ï EJNJOVJUP EJ PMUSF NJMJBSEJ QBTTBO EP EB NJMJBSEJ B NJMJBSEJ JO NFEJB PMUSF NJ