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Ft: Monti at the Vatican "a bold move"

"The caretaker government has shown that nothing is sacrosanct in the debt crisis in Italy" - So writes the Rome correspondent of the Financial Times on Prime Minister Monti's willingness to tax Church buildings used for commercial use.

Ft: Monti at the Vatican "a bold move"

La Mario Monti's challenge to the Vatican, after receiving the OK from the European Union, arrives on the pages of the Financial Times, the authoritative newspaper of the City of London. "A bold move" on the ICI, writes the Rome correspondent of the well-known Anglo-Saxon newspaper who explains: "Demonstrating that nothing is sacrosanct in the debt crisis in Italy, the government of technicians led by Mario Monti has decided to challenge the power of the Vatican, imposing the ICI on the commercial goods of the Church".

The Financial Times then reconstructs the difficulties and repercussions around the introduction of a measure of this magnitude and also calls into question former premier Silvio Berlusconi who, in the opinion of the FT, "had avoided the measure so as not to antagonize the Church" .

From London, City operators interviewed by the newspaper see Monti's move as an important effort to regain investor confidence.

Read the news on Financial Times

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