Friday, May 27, 2016

Confindustria warns, “The economy is not recovering” – The Time

CONFINDUSTRIA-51

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Confindustria ready to take sides in favor of the yes to the constitutional referendum, even if the final position will be taken in the general Council of 23 June. For industrialists it is necessary to continue on the path of reforms which are the obligatory path to lead the country out of immobility. Are some of the key steps of the new president of the industrial relationship, Vincenzo Boccia, making his debut at the annual general. The entrepreneur from Salerno asks the government to move the tax on consumption and reduce taxes on work and business and trade unions to open a discussion on the exchange between wages and productivity. Finally a warning to firms: they must grow, grow to become “an obsession”, “small is not beautiful, but it is only one phase of the life of companies.” Especially at this time when the economy is back on but is not in “recovery.”

“Confindustria has been fighting since 2010 to overcome the perfect bicameralism and reform the Title V of the Constitution. With satisfaction, today, we see that this goal is within reach – says Boccia – Our position on the referendum and the subsequent actions will be decided in the General Meeting convened for 23 June. ” Reforms “are the obligatory path to free the country from the vetoes of minorities and the particularities, which have helped to choke him in the status quo.” The reforms, he adds, “do not have a name, but an object. No matter who makes them, but how they are made. And if we share it, we support them. “

The first to do is to reform the public administration because” the ballast of rules and regulations remains absurdly heavy. ” Petanque on the fiscal side is asking the government “to shift the burden” of taxes, “easing those on labor and enterprises and increasing those on things. The resources provided by the revision of the “tax-expenditures” and a reduction of evasion must go to slaughter tax rates. Therefore evasion should be closely monitored. ” Furthermore, the reduction of IRES to 24% by 2017 is “excellent, but not enough.” Then an invitation to the unions: “We do not want to play the downside, we want higher productivity to pay higher wages.”

One more step on the crisis: “Our economy is undoubtedly divided. But it is not retrieved. It is a modest rise, disappointing, it will report not short to pre-recession levels in time. ” “To get back on top,” companies need to gear up “to the new economic paradigm. We entrepreneurs we must build a modern capitalism that market, opening to capital and investment in industry and in the future. ” Ample space of Boccia’s speech was devoted to Europe that “seems to creak”, for this reason you must “put aside our fears to achieve a Europe courageous, visionary, not building barriers but opportunities for our citizens ». And if Brexit you could create a “domino effect as to avoid.” Still on migrants: without them Italy “stops” and “close the Brenner is how to block an artery: cause a heart attack.”

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Leonardo Ventura

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