Wednesday, January 18, 2017

The Eu: “By the first of February to correct the maneuver”. The government: “we’ll See” – The NINETEENTH Century

The request of Brussels never seizes to surprise the Treasure seen is “November” which the Commission says that Italy is deviating from the path of debt reduction. And then as now the arguments of Italy, “remain valid,” explains a note to the Mef, starting from the realisation that levels of inflation “excessively low” we penalize. On the other hand, the Treasury puts the work of the gradual consolidation of our public accounts, which has allowed us to stabilize the debt/Gdp ratio. This is a result, “extraordinary” in the light of the recession that was more severe than that of the Thirties and comparing it with the dynamics of the debt of other Eurozone Countries”.

this Said the negotiations in Brussels continue. In the case we got a new discount to adjust the accounts would be relatively easy: it is enough, in fact, intervene on the various items in the financial statements in order to derive easily a billion euros. Alternatively, the menu of possible corrective action could include first the classical linear cuts to the ministries and the freezing of part of the investment (from 2.9 billion allocated in infrastructure funds). No cuts to pensions, healthcare and the public sector and no tax increase, however, know by the government.

the Brunette Forza Italia, instead, speaks of the “Accounting in turmoil” and shake the spectre of “corrective action high” with the Vat increase and taxes on a house. In reality, Customers will try to take time with the intent to postpone all at the Final of April, in the hope that the growth in the meantime, irrobustisca and the expected rise in inflation, better Gdp nominal. Because at that point, the accounts quadrerebbero alone.

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