Salvini: “Things are not going the right way. Get ready for any eventuality ". (by Massimiliano D'Elia) Yesterday morning the government summit hosted by Prime Minister Giuseppe Conte. In addition to the two vice premieres, there was the Minister of Economy Giovanni Tria and a large number of technicians from his ministry. The meeting was wanted by [...]
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#Eurogroup and #Ecofin as early as July could trigger the formal opening of the infringement procedure for excessive deficit. (by Massimiliano D'Elia) Yesterday, the Economic and Financial Committee approved the technical conclusion of the EU Commission, confirming that Italy has violated the stability pact for 2018 and 2019. Immediately after, the president [...]
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“I want to find that money now. #Conte and #Tria provide in some way ”, so Matteo #Salvini made his debut yesterday, while talking about the credits that the companies have left over from the Public Administration. (by Massimiliano D'Elia) The dry No to #minibot came directly from the Minister of Economy Giovanni Tria, from the president of the ECB, Mario [...]
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For Lega leader Matteo Salvini, the Flat Tax is a priority, and the coverage is there. The opinions within the government majority are conflicting. The pentastellates do not believe that the necessary resources can be found to extend the "flat tax" to families as well. About 60 billion euros are needed for [...]
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(by Massimiliano D'Elia) The Confindustria of France and Italy have organized an economic forum, drawing a clear line between political and economic-industrial issues. The protagonists of the forum were the two finance ministers. Frenchman Bruno Le Maire was clear about the fact that the Stx-Fincantieri agreement will be made. But it is also interesting [...]
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Mario Draghi, president of the ECB, during his last speech at the EU Parliament before its dissolution, declared that with the uncertainty that persists and that "questions the very existence of the EU", and the shadow of the recession that extends over the Eurozone, the European Central Bank begins to reload its weapons. "The current position is already very [...]
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(by Massimiliano D'Elia) Prime Minister Giuseppe Conte reports on the economic maneuver in the Chamber today, before attending the European Council scheduled for Thursday and Friday. The technicians of the Ministry of Economy and State Accounting have therefore provided the tables with data relating to the maneuver to be proposed in Brussels. Prime Minister Giuseppe Conte has, [...]
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(by Massimiliano D'Elia) The Italian Minister of Economy and Finance Giovanni Tria yesterday was at Palazzo Chigi with Prime Minister Giuseppe Conte from 13.30 to 15.30. A very tense meeting, just before the premier met, alone, the other two vice premier, Luigi Di Maio and Matteo Salvini. Minister Tria reported that he considered inadequate [...]
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(by Massimiliano D'Elia) Decisive hours for the Italian economic maneuver. Today the Prime Minister Giuseppe Conte will have a majority summit to find an agreement on the measures most dear to the Lega and Movimento Cinque Stelle, income, citizenship pension and a quota of 100 to dismantle the Fornero reform. The decisions taken today will form the backbone of [...]
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Surprise! Il Tempo writes that yesterday the German Finance Minister Olaf Scholz landed in Rome to meet Giovanni Tria and Luigi Di Maio. Germany fears that the Union's third economy may have problems and implode and activate the infringement procedure. After Brexit it would be a failure of Euroland. Angela [...]
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The government's goal is to bring the debt infringement procedure beyond the European elections scheduled for May 2019. Today the Prime Minister Giuseppe Conte and the Minister of Economy and Finance Giovanni Tria are with the President of the EU Commission Jean Claude Juncker with the task of leaving the door open with Brussels. [...]
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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 [...]
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According to the Reuters agency, the president of the European Central Bank Mario Draghi would have told the Italian Finance Minister Giovanni Tria, behind closed doors after the Eurogroup meeting, that Italy's high public debt requires a degree of serious fiscal discipline. Draghi had already expressed concerns about the Italian situation during the press conference at the ECB last 25 [...]
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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 [...]
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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 [...]
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Yesterday Giovanni Tria celebrated his 70th birthday in the ministry, with a much altered air. A short refreshment with your collaborators. The present? A suitcase, probably, which underlies a future prelude. Minister Tria has never agreed to such a maneuver of reaching 2,4% in the deficit / GDP ratio, without foreseeing any [...]
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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 [...]
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(by Massimiliano D'Elia) The Italian Minister of Economy and Finance Giovanni Tria da Milano, on the occasion of the Bloomberg European Capital Markets Forum, wanted to confirm his line, namely that Italy will respect the European parameters (deficit around the l, 6%) trying to make a maneuver to combat poverty and the high level of taxes that led to [...]
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The Italian Minister of Economy and Finance telephoned Prime Minister Giuseppe Conte, "if the problem is me, tell us, and let's assume all the consequences". The cinquestelle ask for 10 billion for citizenship income and not 5. Minister Tria's outburst after the latest attack by the M5S, started by the parliamentary group M5S and after having read [...]
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The Ecofin meeting, which saw the participation of the Minister of the Treasury Giovanni Tria, did not bring any news for Italy, indeed the results of the same confirmed that the government will have to find 5 billion euros this year and another 10 next one. No correction of 0,3% of GDP for the year 2018. A correction hoped for [...]
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