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Monti: Eurobonds do not avoid rigor, ok for the Tobin Tax

Troubled intervention in the Senate, where the Premier reported on the EU council of last 8 and 9 December – Strong protests from the benches of the League and session suspended by Schifani.

Monti: Eurobonds do not avoid rigor, ok for the Tobin Tax

The issuance of Eurobonds it is not a "sneaky means to avoid financial discipline and rigour". The premier said so Mario Monti in the Senate, where he reported on the last one EU council of 8 and 9 December. The "Eurobonds are also a strong message to encourage growth".

As for the manoeuvre, the measures in financial matters have "were positively received" by the European institutions. According to the Prime Minister, "we arrived at the negotiations with greater credibility and with the possibility of assuming independent positions".

After these words from Monti, some senators began to make a noise in the Chamber e the Premier was terminated. The president of the Senate, Renato Schifani, intervened to calm the spirits and threatened to suspend the session. But when the Northern League started clamoring again, also displaying placards against the Government ("no more taxes"), the session was suspended.

At the resumption, after a few minutes, Monti announced the opening up of Italy, within Europe, to the tax on financial transactions: "I wanted to point out that I have notified in Europe that Italy is willing to change its position: Italy, and in particular the past government, has held a position contrary to the hypothesis of taxation on financial transactions, the Tobin Tax . Italy is ready to reconsider this position and to join those who would like, at least on a European level, adequate taxation on financial transactions”.

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