Less than U.S., most "ROC"

With a record increase of 5.8 billion euros of sales to Russia, China and OPEC countries, the results of Italian exports in 2007 are affected in the slightest degree of decline in purchases of our products by the U.S.. Instance data confirm the results of the excellent strategy towards WARNING econimie emerging in January 2008 than January 2007 marking a 32% increase in sales of Italian goods to Russia, China and OPEC.

All in all, therefore, good annual accounts of 2007, reported exports to Germany and France increased by 7% compared to 2006. At sectoral level, are the three "M" of vehicles, metal and machinery to run more than others.

The negative data are the weak performance last December, probably due to the effects of strikes by drivers and metalworkers and a further deterioration of price competitiveness of our exports due to productivity growth in Italy is significantly more low compared to our main competitors.

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