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Issued by the U.S. economy to read the Institute of Supply Industrial Index for the month of June a value of 49.7, compared with $ 53.5 the previous reading for the month of May / May, and so the current reading is worse than analysts' expectations, which indicated a value of 52.0.As for the prices paid to read of the Institute of Industrial supply for the month of June came a value of 37.0, compared with $ 47.5 the previous reading for the month of May / May, and so is the current reading is also worse than analysts' expectations, which indicated a value of 45.8.

Deficit to GDP in Italy, the highest of expectations

Increased the deficit to GDP in Italy during the first quarter of levels of 8.0% compared to the previous reading at 3.8%, and this is what will increase the difficulties the government technocratic, which seeks to reduce the budget deficit to acceptable limits by the government at 3.0% of GDP . Decreased government revenues during the first three months to 41.3% compared to the fourth quarter of last year at 54.5%, while all government spending has declined is also the levels of 49.3% compared to the fourth Balraba of 2011 at 57.2%. Government passed a technocratic in its efforts to reduce the deficit in the general budget in 2012 plan austerity down $ 7 billion euros, and it seems that it is not sufficient to reduce the size of public debt is large to be borne by the country, as is Italy, with the highest levels of public debt in the euro area by around 2 trillion euros .