Page 6 - L'ITALIANO
P. 6
PAGINA 6
ECONOMIA
L’ITALIANO MERCOLEDÌ 10 APRILE 2019
gAȇZbbGVȇ(ȇ+Aȇ+b:+ȇr:ȇżŻǠƂȇ@+:+V+
2sƃÀ3ƃ¦sÀ
Àsƃƃ~ƃ¦ƃ¬3~¦
&ƃØÊÀsƃs¦ƃPs¦3
õöƃsäƃ¦ƃØ
1⁄4ȇÉ1⁄4ÉÜÜÉȇ+oǠȇ©ȇجÃéìȇ1⁄4ȇÕÉ1⁄4Éȇ¬ȇrØÉÃǠȇȇ"جé1⁄4¬Ãä¤1⁄4¬ 1⁄4ȇÂÕÕȇ1⁄4ȇ1⁄4¤ÃÉȇØØÉȇìȇØÕÉØäȇ¬ȇ@¬ÉÃȇȇ+ÃäÜ
[JPOB BM UFS[P QPTUP BM NPOEP QFS RVPUF EJ NFSDBUP OFMMBMUB HBNNB QPDP BMMF TQBMMFEJ(FSNBOJB F $JOB 4FDPOEP.FEJP CBODB B USBJOBSF JM NFSDBUP Ï MB EPNBOEBJOUFSOB DIFIBHFOF SBUPNJMJBSEJEJSJDBWJ EP WF JM /PSEFTU Ï MB MPDPNPUJWB E*UBMJB DPOJMEFMMFJNQSF TF QSFTFOUJ NFOUSF VO UFS[P EFMMF WFOEJUF TPOP SFBMJ[[BUF BMMFTUFSP DJSDBNJMJBSEJ
*- .0#*-& 503/" */ 65*-&
- EFMMF B[JFOEF EFM NPCJ MF JO *UBMJB IB DIJVTP JO VUJMF DPO VO SJTVMUBUP EFTFSDJ[JP QB SJ B NJMJPOJ EJ FVSP
SJTQFUUPBM *OPM USF TQJFHBMPTUVEJP jMFJNQSF TF EFM TFUUPSF QPTTPOP WBOUBSF VOB CVPOB TPMJEJUÈ OFHMJ VMUJ NJ DJORVF BOOJ JOGBUUJ MJODJ EFO[B EFM EFCJUP GJOBO[JBSJP TVJ NF[[J QSPQSJ Ï QBTTBUP EBMM EFM BM EFM x *M TFUUPSF EFM MFHOP BSSFEP BODIF JO SFHJPOF Ï UPS OBUP BJ MJWFMMJ QSFDFEFOUJ MB DSJ TJ JOJ[JBUB OFM -PGGFSUB JUBMJBOB Ï NPMUP EJWFSTJGJDBUB OFMMB GBTDJB EJ QSF[[P FMFWBUB TQJDDBOP HMJ JNCPUUJUJ MF DVDJ OF F J NPCJMJ EB VGGJDJP TFHVJUJ EBMMF DBNFSF EB MFUUP EBJ NP CJMJ JO NFUBMMP F EBMMF TFEJF #F OF MFTUFSP TFDPOEP JM SFQPSU EJ *OUFTB 4BOQBPMP USB JM F JM MFYQPSU JUBMJBOP EJ NPCJ MJ EJ BMUB HBNNB QPUSÈ BVNFO UBSF EJ RVBTJ NJMJPOJ EJ EPM MBSJ
-" 3*.0/5" %&* %*453&55*
*M EFHMJ BEEFUUJ EFMMJOEV TUSJB MBWPSBOP OFJ EJTUSFUUJ DIF JO SFHJPOF SVPUBOP JOUPSOP BM MB TFEJB B .BO[BOP j'BSF TJTUF NB Ï VOB EFMMF OPTUSF DBSUF WJO DFOUJ o DPNNFOUB JM QSFTJEFO UF EJ 'FEFSMFHOP 'SBODP EJ 'PO [P *M DPNQBSUP EFM -FHOP "SSF EP EFM 'WH IB TFNQSF QJÞ QFTP B MJWFMMP OB[JPOBMF F JOUFSOB[JP OBMF DPO VO FYQPSU DIF IB USBJ OBUP MB SJQSFTB GJOP BE BSSJWBSF BJ MJWFMMJ EJ QSFDSJTJx $PNF TPU UPMJOFB .FEJPCBODB TPOP CFO MF JNQSFTF EFM NPCJMF DIF GBOOP MBWPSP EJ TRVBESB OFJ EJ TUSFUUJ *M 4BMPOF EFM .PCJMF RVFTUBOOP WFEF BODIF MB USJF TUJOB JMMZDBGGÏ JO GJFSB -B 'BOUP OJ TJ QSFTFOUB DPO MP TUVEJP (FOTMFS VOBEFMMFNBHHJPSJTP DJFUÈ JOUFSOB[JPOBMJ EJ QSPHFU UB[JPOF o
Zɬ1⁄4ȇÃäõÉØo
S¬ÃäØÜäȇÜ1⁄4ȇ¬ȇÂÉäÉج ôØÜÉȇ1⁄4ÉȇÜØÉȇ¬Ãȇ ÉØÜ
1JOUFSFTU TDBMEB J NPUPSJ QFS MP TCBSDP B 8BMM 4USFFU /FMMhJQP JM TPDJBM QVOUB B WFOEFSF NJMJPOJ EJ B[JP OJ SBDDPHMJFOEP GJOP B NJMJBSEJ EJ EPMMBSJ QFS VO WBMVUB[JPOF GJOP B NJ MJBSEJ -BODJBUB OFM 1JOUFSFTU IB QJÞ EJ NJ MJPOJ EJ VUFOUJ BUUJWJ BM NF TF F HFOFSB SJDBWJ HSB[JF BM MB QVCCMJDJUÈ TVMMB TVB QJBU UBGPSNB /FM IB SFB MJ[[BUP SJDBWJ QFS NJMJP OJ EJ EPMMBSJ JO BVNFOUP EFM SJTQFUUP BJ NJMJPOJ EFM
:Z+ȇGSGȇrAb+gȇAA+
sÀ1⁄2¦3ŗƃÊsƃÏŽÀs &¦ƃ 3Êsƃ¦¦sƃsäs s¦ƃÄs¦ÏÊ3ƃƃ ÏääÊÊ
#¬éÜÕÕȇ#éĀĀää¬ȇȇÜäØȇÉÃȇ#¬ÉôÃìȇ ĀÉ1⁄4¬
bV+Zbǧȇ* CJH EFMMBSSFEBNFO UP USBTDJOBOP MFDPOPNJB SFHJP OBMF 4FDPOEP VO SFQPSU EJ .F EJPCBODB DIF IB BOBMJ[[BUP J CJMBODJ EJ JNQSFTF EFM MF HOP BSSFEP DPO VO GBUUVSBUP EJ BMNFOP NJMJPOJ EJ FVSP JM 'SJVMJ 7FOF[JB (JVMJB DPO B[JFOEF TJ QJB[[B GSB MF QSJNF USF SFHJPOJ BM UPQ JO *UBMJB "M QSJNP QPTUP DÏ MB -PNCBSEJB
B[JFOEF TFHVJUB EBM 7FOF UP -F HSBOEJ DBUFOF EFM NPCJMF TPOP BM DPNBOEP *LFB QSFTFOUF BODIF JO SFHJPOF DPO MP TUPSF EJ 7JMMFTTF Ï JM HSVQQP MFBEFS DPO WFOEJUF QFS DJSDB NJMJBSEJ TFHVJUB EB &EJM 5SF $PTUSV[JPOJ .POEP $POWFOJFO[B DPO NJMJBS EJ 'SB J CJH SFHJPOBMJ DÏ *ODB 1SPQFSUJFT 'SJVMJOUBHMJ EJ 7JM MBOPWB EJ 1SBUB DIF GBUUVSB NF[[P NJMJBSEP EJ FVSP FE Ï GSB J QSJODJQBMJ GPSOJUPSJ EJ *LFB
*,&" "%%*0 " 7&30/"
& JFSJ Ï BSSJWBUP MBOOVODJP DIF JM DPMPTTP TWFEFTF EJDF BEEJP BM MB SFBMJ[[B[JPOF EJ VO QSPQSJP QPMP DPNNFSDJBMF B 7FSPOB 7JFOF DPTÓ NFTTB MB QBSPMB GJOF TV VO QJBOP DIF BWSFCCF DSFB UP NJMMF QPTUJ EJ MBWPSP PMUSF B HFOFSBSF VO JOEPUUP TUJNBUP JO NJMJPOJ EJ FVSP * NPUJWJ 5SPQQF JODFSUF[[F F VO DBN CJBNFOUP EJ JEFF EB QBSUF
gÃȇ¬ÃÜä1⁄41⁄4Ā¬ÉÃȇ¬ÃȇéÃȇÕÜÜäȇ¬Ā¬ÉÃȇ1⁄4ȇZ1⁄4ÉÃȇ1⁄4ȇÂɬ1⁄4
@+:AGǧȇ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È GJOP BMMB GJOF EFHMJ BO OJ PUUBOUB RVBOEP WJFOF FMFU UP TFOBUPSF /FM BSSJWB MhJNQFHOP OFMMB GJMBOUSPQJB DPO MB QSFTJEFO[B EFMMB GPO EB[JPOF $BSJQMP VO SVPMP JN QPSUBOUF DPO MB QSFTFO[B EFMMhFOUF NJMBOFTF JO *OUFTB 4BOQBPMP DPO JM EFM DBQJUBMF F MB QBSUFDJQB[JPOF JO $BTTB %FQPTJUJ F 1SFTUJUJ F OFM GPOEP 'J /FM BSSJ WB QFS (V[[FUUJ MhFMF[JPOF B QSFTJEFOUF EFMMh"TTPDJB[JPOF EFMMF 'POEB[JPOF F $BTTF EJ 3JTQBSNJP "DSJ %BMMhJOTF EJBNFOUP BMMB HVJEB EJ $BSJ QMP TPOP TUBUJ GJOBO[JBUJ DJSDB NJMB QSPHFUUJ OFM DBNQP TPDJBMF EPOBOEP PMUSF NJ MJBSEJ EJ FVSP BHMJ FOUJ OP QSP
GJU (V[[FUUJ IB SJCBEJUP MB TVB GJEVDJB BM DFP EJ *OUFTB $BSMP .FTTJOB jVOP EFJ CBO DIJFSJ NJHMJPSJ BM NPOEPx F MB TVB TUJNB B (JPWBOOJ #B[P MJ /FM QBSUFSSF JM HPUIB EFMMB GJOBO[B EFMMF GPOEB[JPOJ CBODBSJF EFM NPOEP QPMJUJ DPTPDJBMF NJMBOFTF F MPNCBS EP F MhFY QSFNJFS 3PNBOP 1SPEJ 7FSUJDJ BM DPNQMFUP EJ *OUFTB B QBSUJSF EBM QSFTJEFO UF FNFSJUP (JPWBOOJ #B[PMJ JM QSFTJEFOUF (JBO .BSJB (SPT1JFUSP F JM DFP $BSMP .FTTJOB " TBMVUBSMP BODIF JM QSFTJEFOUF EJ $EQ .BTTJNP 5POPOJ F MhFY WJDFQSFTJEFOUF EJ 6OJDSFEJU 'BCSJ[JP 1BMFO [POB
(MJ BUUVBMJ WFSUJDJ EFDBESBO OP JM NBHHJP EPQP MhBQQSP WB[JPOF EFM CJMBODJP FE B RVFM QVOUP TJ JOTFEJFSÈ MB OVPWB DPNNJTTJPOF DIF FMFH HFSÈ JM OVPWP QSFTJEFOUF 1FS BSSJWBSF BMMB DPNQPTJ[JPOF EFMMB OVPWB DPNNJTTJPOF DFOUSBMF EJ CFOFGJDFO[B Ï JO DPSTP VOB QSPDFEVSB DIF IB QPSUBUP BE BWFSF MF jTFHOBMB [JPOJ EFJ NFNCSJ F QPTTP EJSF DIF MB QSPTTJNB DPNNJT TJPOF TBSÈ PUUJNB DPO QFSTP OF EJ HSBOEF DPNQFUFO[Bx (V[[FUUJ DIF IB QSPHSBNNB UP MB TVB VMUJNB VTDJUB QVCCMJ DB OFM HJPSOP EFM TVP DPN QMFBOOP BSDIJWJB MB WFOUFO OBMF FTQFSJFO[B SJDPSEBOEP DIF JM jEPQP (V[[FUUJ TBSÈ NJ HMJPSF EFM (V[[FUUJx
EFMMBNNJOJTUSB[JPOF QVCCMJ DB SJTQFUUP BM QSPHFUUP JOJ[JBMF
3&1035 %* */5&4"
*OUBOUP B .JMBOP JM TJTUFNB EFM NPCJMF 'WH DPORVJTUB MB TDFOB BM 4BMPOF EFM NPCJMF DIF JOJ[JB PHHJ DPO JNQSFTF JO WF USJOB EJ DVJ JM TUSBOJFSF %J RVFTUF TPOP RVFMMF SFHJPOB MJ SBQQSFTFOUBUF EBM TJNCPMP EJ VO BMCFSFMMP 4VMMB CBTF EFHMJ VMUJNJ EBUJ EJ TFUUPSF SFTJ EJTQP
OJCJMJ EB 'FEFSMFHOP "SSFEP JO VO SFQPSU DVSBUP EBMMVGGJDJP TUVEJ EJ *OUFTB 4BO 1BPMP MJO EVTUSJB EFM NPCJMF EPQP EJFDJ BOOJ EJ DSJTJ SFDVQFSB VO SVPMP EJ QSJNP QJBOP OFMMFDPOPNJB JUBMJBOB 0HHJ DPOUB DJSDB JNQSFTF DIF PDDVQBOP PM USF NJMB BEEFUUJ F GBUUVSB OP RVBTJ NJMJBSEJ EJ FVSP 2 JM RVBSUP TFUUPSF QFS BWBO[P DPNNFSDJBMF NJMJBSEJ EJ FVSP OFM F M*UBMJB TJ QPTJ
+Aȇ Vr
+ÃÃä¬ô¬
ÉÃéÜȇÜää1⁄4¬ȇȇؤ¬ÉÃ1⁄4¬ ÕØȇ1⁄4ȅéäÉȇ1⁄4ääج
*M .JOJTUFSP QFS MP TWJMVQQP FDPOPNJDP IB TDJPMUP MF SJ TFSWF TVMMB DVNVMBCJMJUÈ EF HMJ JODFOUJWJ TUBUBMJ F SFHJP OBMJ QFS MhBDRVJTUP EJ BVUP NFOP JNQBUUBOUJ TVMMhBN CJFOUF JO UFSNJOJ EJ FNJTTJP OJ -P IB BOOVODJBUP MBTTFT TPSF BMMh"NCJFOUF FE &OFS HJB 4DPDDJNBSSP *O 'SJVMJ 7FOF[JB (JVMJB DIJ BDRVJTUF SÈ VOhBVUP FMFUUSJDB QPUSÈ WF EFSTJ SJDPOPTDFSF VO DPOUSJ CVUP EJ NJMB FVSP NFOUSF DIJ DPNQFSB BVUP JCSJEF QP USFCCF BSSJWBSF B FVSP EJ JODFOUJWP
SV:ȇZb"AGȇrA+Vȇ(V
ŵ9sä3s¦ääsÀƃ¦Žs¿Ïs 3ÄÊÀ~~ƃñõƃ¬¦sÀŶ
G:G#Aǧȇj*M UFNB Ï NPMUP EF MJDBUP DSFEP DIF TJB VO QBT TBHHJP BMMhJOEJFUSP SJDDIJTTJ NP EJ SJTDIJ F JODFSUF[[Fx $P TÓ MhBNNJOJTUSBUPSF EFMFHBUP EJ )FSB 4UFGBOP 7FOJFS IB SF QMJDBUP B NBSHJOF EJ VO DPO WFHOP B #PMPHOB EJ /PNJTNB B DIJ HMJ DIJFEFWB VO DPN NFOUP TVMMB SJQVCCMJDJ[[B[JP OF EFM TFUUPSF JESJDP DPNF QSF WJTUP EBMMB QSPQPTUB EJ -FHHF %BHB JO EJTDVTTJPOF JO 1BSMB NFOUP DIF OF BUUSJCVJTDF MB HFTUJPOF BHMJ FOUJ MPDBMJ SFWP
DBOEP MF BUUVBMJ DPODFTTJPOJ j(FTUJSF JM DJDMP JESJDP JOUFHSB UP IB TQJFHBUP Ï VOhBUUJWJUÈ B GPSUJTTJNB JOUFOTJUÈ EJ DBQJ UBMF SJDIJFEF DPNQFUFO[F JO EVTUSJBMJ F TPQSBUUVUUP VOB WJ TJPOF F VOB DBQBDJUÈ EJ BGGSPO UBSF MF TGJEF DIF BCCJBNP EJ GSPOUF 6OB SJOB[JPOBMJ[[B [JPOF TDBSJDIFSFCCF TVMMF TQBMMF EFJ DJUUBEJOJ VO EFCJUP EJ PMUSF NJMJBSEJ EJ FVSP NB TPQSBUUVUUP BODIF RVFMMJ DIF TPOP HMJ POFSJ MFHBUJ BMMB HFTUJPOF EJ RVFTUP DJDMPx