"Let's get in line or they will cut our funds" warns Minister Fitto, warning his government colleagues about the delays in implementing the PNRR - The markets and Europe are watching us
The 2023 Budget law increased the resources for the NHS by 4 billion, but the increase in funds in recent years cannot cover inflation
Based on the drop in the birth rate, in 2035 there will be 2,5 million fewer people in Italy than in 2020, which compares with a growth of 3,6 million over-65s. But the emigration of Italians is also growing, while it is decreasing…
The management of the public debt, modulated country by country, promises to be one of the main innovations of the new European governance of which Eurocommissioner Gentiloni has recently
According to a study by the Observatory on Italian public accounts, Italy's military spending should increase by 16,5 billion by 2024 to meet the commitments undertaken
According to an analysis by the Observatory on Italian public accounts, between 2011 and 2019 the ratio between health expenditure and GDP grew at a much slower pace than in previous decades: here's why
The elaborations of the Confcommercio Study Center, based on research by the University of Gothenburg, show that Italy has dropped in the quality of OECD public administrations and is losing immense wealth
"Only small change" those envisaged by the government's budget maneuver to reduce the tax wedge: according to the leader of Italia Viva who makes two proposals to change without raising the deficit. that's how
According to a study by Cnel, the average expenditure is 157 euros per inhabitant, but in smaller cities the figure rises by about a third, to 210 euros - The north-west spends slightly less than the south, 169 euros against…
The Court declares the extension decided with the 2017 Budget Law unconstitutional. It does not rule out the possibility of imposing long-term savings on the Regions, but reiterates that the individual measures to contain public spending must present the…
Despite the more nuanced tones than in the electoral campaign, the winners of the elections continue to proceed with proposals unsuitable for healing the country's ills: sovereignty and duties, subsidies or fake jobs in the public sector increase spending and not…
45% of the growth in primary expenditure in Italy between 1995 and 2014 is due to pensions. Public administrations cut investment spending by 30% between 2008 and 2015, the primacy belongs to…
ASSONIME REPORT - In recent years Italy has been more virtuous than Europe in controlling public spending net of interest, but now - explains Innocenzo Cipolletta who coordinated the Report and who will be elected new…
Mario Baldassarri's "Real Economy" study center presented the results of its econometric model on the basis of which, by remodeling and selectively cutting current public spending and reducing personal income tax and Irap, growth could be doubled to 2,2%…
From a careful analysis of the more than 500 bills presented by the five-star parliamentarians since the beginning of the legislature, published by La Stampa, a somewhat confused picture emerges that recalls the old trinomial on which the Bourbon government aimed to keep itself in power:…
Considering only the increase in public spending in 2016 does not take into account the leap that occurred previously for Italy's budget which since the early 2000s is, together with Spain, the one among the European countries that has seen…
One-off expenses are not counted by the European Commission like permanent ones: this is the bone of contention between Renzi and Brussels on immigration expenses that makes a solution like that difficult, politically flawless but questionable in terms of…
Rethinking Keynes, one can agree on the need for public intervention in the economy but not on conventional therapies that rely on the increase in public expenditure and the use of deficit spending - Furthermore, public intervention must be concentrated on stimulating the increase…
A new book by Giorgio La Malfa ("John Maynard Keynes", Feltrinelli) rethinks the theory of the great English economist but warns that today's solutions for relaunching the economy cannot be those of the past - On the contrary, the recourse…
It is illusory to think that the Government's fiscal plan can count on many margins of European flexibility which are in reality very limited: to implement it without infringing the Community rules there is only the path indicated by Minister Padoan and that is...
A bill presented at the Bruno Leoni Institute conference by a study group chaired by Carmine Lamanda to reform the PA by increasing productivity and efficiency and reviewing all public spending by reducing that of the current part - The…
SPENDING REVIEW - Welcomed to applause, the former public spending commissioner Carlo Cottarelli presents his book - "Some progress has been made, further progress is also difficult for this reason" - "Continue with the reduction of PA staff and internalize…
Carlo Cottarelli's plan on public spending review made available on the internet - The proposals would have led to a cost cut of 59 billion from 2014 to 2016.
The obligation to aggregate for Municipalities under 1 inhabitants has been postponed again to 2015 September 180.000. Thanks to Consip saved 8,4 billion in 2014 - Today the trust in the Chamber
The Treasury signals spending containment during the past year, but in December withdrawals from treasury accounts for the payment of public administration debts increase, the cost of interest on debt and contributions to the community budget rise.
Despite the risk of recession, Berlin turns a deaf ear to those who ask for less rigor and more development with more consumption, more imports and more public spending: why? - For 4 reasons: 1) because he thinks that the slowdown is…
SPEAKS NICOLA ROSSI, economist and former senator of the Democratic Party - "It is not by increasing public spending that Italy can relaunch internal demand and growth: if we did so, the markets would not follow us - More flexibility if we give in…
Strong appeal by the president of the ECB, Mario Draghi, in Milan to the governments of the Eurozone on investments and reforms - "There will be no sustainable recovery in the absence of investments" that governments can favor with reforms and appropriate fiscal policies…
The commissioner will remain in the saddle until the launch of the Stability law, then he will return to the IMF - The various ministers will have to make proposals for spending reductions aimed at the 3% target, proposals which will then be integrated with measures of the…
"The hypotheses of taxes on pensions or something else are just chatter in August": Prime Minister Matteo Renzi said in an interview with TG5 who added: "There will be no new taxes, indeed as we did with the 80 euros, we will try…
Putin's neo-imperial aims alarm Sweden, which goes to the elections on 19 September with the economy in order (low public debt and high growth) but which is preparing for the change of government by dusting off recipes from the past that worry the…
FROM THE FOCUS BNL - From 2009 to 2013 the primary balance of the Italian public administrations underwent a correction of 3%, from a deficit of 0,8% to a surplus of 2,2% but a large part of this correction was made…
REPORT OF THE CONFINDUSTRIA STUDY CENTRE - At least two-thirds of the organizations in which public administrations are members do not provide public services - The use of investee companies is an increasingly widespread source of abuse, which exploits dominant positions…
The more than 7 state-owned companies make the Italian situation anomalous in an international context - This is supported by the extraordinary commissioner for the review of expenditure Carlo Cottarelli - "By the end of February decisions will be taken that…
The commissioner for the spending review will have to implement a series of structural changes: intervening on individual expenditure items would be a titanic undertaking and, overall, not very useful - Only the big bureaucrats know where to intervene to reduce…
The spending review planned by the government to cut 32 billion in three years will affect all sectors, from healthcare to pensions, from public employment to Rai - This was announced by Commissioner Carlo Cottarelli, in charge of reviewing public spending…
The new goal is to save 32 billion between next year and 2016 - resources that "must go mostly to tax reductions, as had been foreseen and repeatedly indicated, but also to finance investments...
According to the president Giampaolino, the work must be oriented "to favor the process of review and rationalization of spending and public apparatus", starting with an "organic plan for the review of public spending" which "appears no longer deferrable" -…
The first government decree is only a modest intervention aimed at tackling the political emergency created by the PDL's pressure on the IMU, while more decision would have been needed to cut public spending and restart the reform site - It is…
The new government needs a selective but effective program between emergency and reforms - The essential thing is that the government that is about to be born does not give in to the illusion of easy spending as a panacea for all ills - Instead, a…
From Bersani to Berlusconi, passing through the grillini, the party of those who require state interventions of all kinds to solve the country's problems is reborn - In this context, Civic Choice, which was the bearer of a recovery project for Italy…
USA: Fiscal cliff, Republicans open on tax hikes, 'agreement possible'
The Government has also relied on the professional and managerial experience of Enrico Bondi, the former "axe man" of Montedison, to launch the robust cost reduction plan - The reform will act on efficiency, labor costs, the containment …
The government in Madrid has announced measures to return to the parameters required by the EU - VAT will rise from 18% to 21% - The net cut to ministries is 600 million - In local authorities the overall cut is…
INTERVIEW WITH LINDA LANZILLOTTA - Reorganizing public spending does not mean cutting at random but really reforming the role of the public sector - Enough with the privileges of the Regions with special statutes - Merging small Municipalities and reducing…
The prime minister chose the right time, place and way to announce the relaunch of privatizations: he did it in Berlin to send a strong signal to the markets, to give a blow to the public debt and to shake…
Extraordinary Commissioner Enrico Bondi presented the time schedule of the interventions to be implemented during the meeting of the Interministerial Committee for the review of spending - Appointment for 12 June, "when the results of the spending review will be available…
Tomorrow the super-commissioner's report, Wednesday the CDM - Minister Giarda reveals that "the mass of expenditure under attention today, that which can be attacked in the short term, amounts to around one hundred billion euros", but "if you look at a…
Few and very confused ideas against the spending cuts and the appointments of Bondi, Giavazzi and Amato wanted by Prime Minister Mario Monti to clean up public budgets and find the resources to reduce taxes - Brillano (in…
The former extraordinary commissioner of Parmalat will finalize cuts for about half of the total 4,2 billion planned - Today the first meeting with the undersecretary.
Enrico Bondi will be "extraordinary commissioner" - Minister Giarda's report on spending cuts is today in the CDM: from the unification of the provinces requested by the ECB to cuts to justice and the army - The aim is to postpone the VAT increase - I left…
The Deputy Minister of the Economy before the House and Senate Budget Committees: in 2013 there will be "a weak but positive recovery of the economy of 0,5%. Then growth should strengthen in 2014 and 2015", respectively by 1 % and 1,2%.
The minister al Messaggero: current spending will drop from 352 to 342 billion within this year, to then reach 339 billion in 2013 - Cancellieri al Corriere: "I want to reduce the civilian employees of the Interior Ministry by 10% thanks to a slide,…
BALDASSARRI: "The spending review is fine, but we have been talking about it for thirty years without great results, while we have to face an urgent problem which is that of reopening spaces for growth - Furthermore, if we present ourselves with that picture of…
Minister Piero Giarda, in an interview with Corriere della Sera, talks about the "spending review", the review of public spending - The primary objective is "to raise funds to be allocated to reducing the tax burden" - To complete the reorganization work "There…
PREVIEW OF AN ARTICLE BY PIERO GIARDA FOR "L'INDUSTRIA" - Courtesy of the magazine "L'industria" of the Il Mulino publishing group, we are publishing a significant essay by Professor Piero Giarda, written before he became minister, on "Institutional evolution and public…
The forced conversion of short-term government bonds into ten-year BTPs would free the Treasury from the worry of maturities and would reduce the cost of debt to almost zero. And also: it would restrict public spending, it would reduce the spread and it would not damage the…
This is what is expected of all governments (especially Italian) that fight against debt: slimming cure for state spending, but also a reorganization of it to restore confidence in entrepreneurial forces - There are many possible reforms at a cost…
