Data in line with the DEF. The Report on tax and social security contributions for January-June 2023 has been published The Ministry of Economy and Finance announces that in the months January-June 2023 tax and social security revenues amounted respectively to 262.528 million euros and 126.248 million euros, registering an overall change of +3,6% [...]
read more
In the Update to the Def, the data is clear and very rosy, Italy is also growing in the third quarter of the year and GDP for 2021 can easily exceed the 6% threshold. Istat also confirms the good health of the Italian economy by certifying, between July and September, a + 2,6% compared to the previous three months. Our […]
read more
Ambitious budget maneuver without waiting for funds from the EU Recovery Plan
read more
Next week in the Council of Ministers the Update Note to the Def. Il Sole 24 Ore gives the first indiscretions. 8 will be the billions in 2021 and 13 in 2022 which are added to the mandatory expenses with unchanged balance for international missions, salaries of the Public Administration and energy expenses. [...]
read more
Last night a prominent representative of the Star Movement: "There is chaos everywhere, you can't make a decree like this". (by Massimiliano D'Elia) The April, then May decree has recently become the Relaunch decree with 238 articles. Many actors, including politicians and technicians, have worked to try to allocate, distribute resources and satisfy almost [...]
read more
Yesterday an extreme measure. The parliamentarians of the League occupied, day and night, the two halls of Parliament, they slept between the benches of the hemicycles. A symbolic protest to bring to everyone's attention the centrality of the "sovereign" Parliament, the only place to share and battle over choices that affect all Italians, represented through parliamentarians [...]
read more
The government will ask the two houses of Parliament for authorization for an additional deficit, which is considered indispensable for the maneuver of the records that will have effects on the accounts for the next twelve years. We are talking about 411,53 billion of additional debt between now and 2031, 112,6 billion only in 2020-2022, to which is added a footnote of 29,2 billion per year from 2032. He writes [...]
read more
Roberto Gualtieri on the sidelines of the meeting of the IMF and the World Bank and the G20 in Washington said at a press conference: "The reduction of the public debt is all the more credible the more realistic it is". Gualtieri is convinced that with the economic maneuver presented in Brussels, which has yet to pass the examination of the Parliament, [...]
read more
(by Massimiliano D'Elia) The council of ministers started just before midnight, around 23pm after a “very tense” day within the majority. Giuseppe Conte, at one point, sent a text message to the Minister of Economy Gualtieri, to suggest that he focus on the fight against tax evasion. On a maneuver that should amount to 31 billion [...]
read more
(by Massimiliano D'Elia) Yesterday a council of ministers was scheduled in the late evening: black smoke. There are so many disputes registered within the majority so much so that the "last chance" meeting of the council of ministers was fixed for this evening at 21 pm. Tonight, therefore, it is mandatory to bring out the tax decree and the programmatic document [... ]
read more
The "80 euros" of the Renzi government could magically turn into tax deductions for incomes of up to 35 thousand euros. The Conte 2 government is studying them all to try to get out of the hat measures welcome to the middle class which for years has felt besieged by direct and indirect taxes. The [...]
read more
The Minister of Economy and Finance Roberto #Gualtieri, guest of Lucia Annunziata at "Half an hour more", on Rai3 spoke of a maneuver worth about 30 billion, which will exploit "to the maximum the margins of flexibility allowed by European rules and that it will lead to a small expansion “. A maneuver that will focus on a major investment plan [...]
read more
Growth, exceptional expenses, the burden of interest on the debt and anti-deficit clauses are the variables on which the Mef is working, in view of the new budget document that Rome must send to Brussels by next Tuesday. The program does not change, Minister Tria reiterated at the hearing we remain with an overrun of [...]
read more
The Council of Ministers, on the proposal of the President Giuseppe Conte and the Minister of Economy and Finance Giovanni Tria, approved the bill relating to the state budget for the financial year 2019 and the multi-year budget for the three-year period 2019 - 2021. The main changes: Citizenship income A [...]
read more
Italian Prime Minister Giuseppe Conte broke the delay and called a meeting at Palazzo Chigi to address the critical issues of the Def and the maneuver. Present were the other two vice premier, Luigi Di Maio, Matteo Salvini, the economy and finance minister Giovanni Tria and the number two of the League and undersecretary to the presidency of the council [...]
read more
The European Commission with a two-page letter rejected the DEF late yesterday evening. Brussels does not tolerate the increase in the deficit. Commissioners Pierre Moscovici and Valdis Dombrovskis, "the revised budget targets point to a significant deviation from the recommended path and this is a source of serious concern". Italy expects a deficit of 2,4% for [...]
read more
In a joint note, the majority parties announce the economic maneuver for the year 2019, "the measures will be financed with a coverage of about 20 billion euros, 10 citizenship income, 7 Fornero, 2 flat tax, 1 for extraordinary recruitment in police forces. Tomorrow the government will present the def in Parliament “. Clash avoided [...]
read more
Economy Minister Giovanni Tria in Luxembourg attended the Eurogroup meeting. Among those present at the meeting was the European commissioner for economic affairs Pierre Moscoviti who said that the "deficit of 2,4%, for the next three years, represents a very significant deviation". The Finnish Minister of Finance added: "I look carefully at what is happening [...]
read more
Minister Tria, in an interview with Sole 24 ore, explains the much discussed financial maneuver: “It is not a strong decline but greater than that achieved in recent years. And it will also be guaranteed by a safeguard clause on expenditure which replaces the clauses on tax revenues used up to now in every maneuver to write [...]
read more
The warning of the President of the Republic Sergio Mattarella: “The Constitution provides that it is necessary to ensure the balance of the budget and the sustainability of the public debt. To protect the savings of fellow citizens, the resources for families and businesses, to defend pensions, to make concrete and effective social interventions possible. The Constitution indicates the criteria [...]
read more
An EU source, writes La Stampa, speaks of incalculable risks for Italy in the face of an unscrupulous economic maneuver, "by doing so, Italy is declaring war on itself", the financial markets will punish it. The only positive fact, says the source, is the permanence of Minister Tria (whose resignation was strongly opposed and avoided by [...]
read more
Luigi Di Maio is direct and openly criticizes the Minister of the Treasury Tria, “a true government of change, he says, cannot stop at the decimals, because a strong signal must immediately be given on all the priorities indicated in the contract. And to do this, the deficit must be pushed, already with the update note to the Def, beyond [...]
read more
Maneuver: final steps between relief and flexibility Damiano, desirable corrections of layoffs and retirement age The budget law has now reached its final stages. In fact, it will have to be approved by the Government to be presented to the Chambers by next October 15 even if the final ok could be postponed by a day at the conclusion of the international commitments of [...]
read more
Double yes of the Senate to budget variance and Def without incidents of course despite fears on the eve of the vote. The Hall of Palazzo Madama gave the green light with a large majority to the report with which the government asked Parliament for authorization to deviate from the deficit recovery program. Mdp also voted yes, [...]
read more