Wednesday, September 17, 2014

Padoan: stability law very difficult, not to increase taxes – Il Sole 24 Ore

Padoan: stability law very difficult, not to increase taxes – Il Sole 24 Ore

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This article was published on 16 September 2014 at 19:31.
The last change is the 16 September 2014 at 19:54.

No one doubted: the law of stability this year is “very difficult” because the deterioramneto economy has created constraints “closer.” Admission is the Minister of Economy, Pier Carlo Padoan, speaking on “Porta a Porta”. The minister assured that it intends to “do everything possible to find sufficient resources and credible,” without touching the preferential VAT rates, hypotheses circulated in the last hour, “the government’s commitment is not to raise taxes.” The bonus of 80 euro ‘will be made permanent, because funded by spending cuts permanent. ”

No pressure to change EU VAT system
Padoan has denied that the European Commission has come no pressure because Italy would change the regime Iva. “The push by the Commission has not arrived,” said Padoan, “not reached.” The minister reiterated that his “dream” is to be able to lower taxes “to the limit which would cover the basic expenses of the State,” but also points out, “we have huge constraints and we scrollarcene off with patience and with tenacity. ” “We’ll see,” so no commitment, the possibility of a further cut of IRAP as part of a new law of stability.

Reform Work prirità executive
Many of the topics touched by the minister during the interview of Bruno Vespa that RAI will broadcast tonight at 23 as the reform of the work, for which the government is “a priority.” The goal should be to “simplify” the labor market and thus “Article 18 does not become a problem.” “We want to simplify the rules – said today Padoan- forms of contract are more than 40, we want to have only one or at most two contracts.” The reform should include “the performance-related pay levels of the company and the revision of the shock absorbers” The impact of Article 18 ‘concerns very few people “abroad but has a” perception “very strong.”

negative GDP in 2014, but in 2015 lifts
In the foreground, in the Minister’s replies, the trend of the GDP, which this year is expected to close in the negative zone, “but the ascent begin as early as next year. ” In Europe, admitted Padoan, “we are in bad shape and we are worse than the European average. For three years we have negative numbers, but this year, I point out, the number is negative but much smaller. “

Thanks to decrease spread possible savings for 5 bln in 2014
For his part, Padoan the decline from the spread, the benefit of which “this year should be around 5 billion over this year.” Among the positive results of the government, then there is the repayment of debts Pa. “In late August, he reminded the man of the accounts of the government, had already been repaid to the companies from 31 billion to 32 billion in debt of public administration.”



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