The former Treasury minister sounds the alarm clock in the face of the excessive power of the Internet giants which is also a threat to democracy. It is essential that the Antitrust fully apply the rules
The halving of parliamentarians minimizes the novelties in the candidacies for the September 25 elections for which the political forces bet on their leaders and on outgoing parliamentarians. But there is some news: here's what
The ResPublica Foundation, chaired by Eugenio Belloni and whose scientific committee is headed by former minister Tremonti, has drawn up a document to indicate the ways of growth for Italy, which for the first time will have resources superior to those of the Plan…
On the initiative of the president of the Senate Industry Commission, Mucchetti, and the dean of the Faculty of Economics of the Catholic University, Bodega, an important conference will be held on Monday morning at Palazzo Giustiniani in Rome on "The shareholder state: purposes, rules and tools" with interventions,…
Donald Trump, who records the lowest popular approval rating among the last US presidents, takes office today in the White House after the swearing-in ceremony - The international community and the markets await signs on the course he will…
After M5S and FI, former minister Giulio Tremonti, elected senator on the Lega lists, also supports the NO in the referendum, advocating a return to the proportional electoral system of the First Republic - But it wasn't the system that detonated…
"I have never asked or solicited anything and in any way from Finmeccanica. Also for this reason, as always, I have absolute faith in justice", Tremonti defended hotly.
"The fact that a bank has to ask the state for money is wrong from the point of view of the institution's prestige," said Andrea Bonomi, president of Bpm. The capital increase of the equivalent amount of 500 million euros was then approved
In a letter to the "Corriere della Sera" the former minister Tremonti tries to deny his authorship of the income meter by placing the responsibility on Monti but the newspaper does not fall for it and recalls that it was he who signed the institutive provision ...
Berlusconi and the League have signed an electoral agreement for policies and for Lombardy which tomorrow will be examined by the Northern League leaders (where there are many stomach aches) but remain divided over the future prime minister. Alfano (as Berlusconi would like)…
Giulio Tremonti's former political adviser, who had been entrusted with the task of rapporteur for the Economic and Financial Document, has resigned from his post.
The new general manager of the Sienese institute has denied the rumors about the capital increase of MPS - The strengthening requested by the EBA will be achieved by optimizing the assets - The Tremonti bonds are off the agenda: "Never said December 2012 expiry date for the refund"…
REPORT BY R&D-MEDIOBANCA - In the crisis, public aid to American banks amounted to 2.356 dollars, partly already repaid - In Europe, the states (England, Germany, France in the lead) have given 2.356 billion euros to banks -…
A BOOK OF MICHELE SALVATI ON ITALY - Courtesy of the publisher Il Mulino we publish an excerpt from the new book "Three easy pieces on Italy" by Michele Salvati, economist and former parliamentarian, focused on the political parable of Silvio Berlusconi and on the reasons …
The Senatùr changes his mind on the future of the Government and chooses to support the PDL secretary as the new tenant of Palazzo Chigi - No more early elections on the Carroccio agenda - But Berlusconi still resists: "I will decide after the vote on…
The European Union's monitoring mission on our country will begin within a few hours - Rehn: "It is essential that Italy implements the measures contained in the letter presented by Berlusconi and proceeds with the structural reforms with which to relaunch growth and…
This was declared by Amadeu Altafaj, spokesman for the commissioner for economic affairs Olli Rehn: "Italy will remain under special observation for three reasons: it has requested it itself, there is a need to restore credibility to the country and trust must be restored in the international community". In short, Brussels asks…
Meetings with 17 and 27 countries respectively to discuss the various measures to be adopted in the European debt crisis are scheduled for Monday and Tuesday. On the agenda is the strengthening of the European Financial Stability Facility (EFSF), the recapitalization of…
According to reliable rumors, the director general of the Ministry of Economy and Finance Vittorio Grilli will leave his post at the end of the year to move to the top of a private bank. Grilli was until a few days ago the candidate of…
According to the Economy Minister, "the real concern is the numbers with which this year ends and the next begins" - In the letter to Brussels, the first proposal is for a "coordinated and defined use of European funds".
The premier collects 316 votes in favor against 301 against - But now he has to move on to the facts starting with the development decree expected next week - Otherwise the majority will lose other pieces - Among those responsible and in…
After the twist in the Montecitorio hall, which rejected article 1 of the budget adjustment by one vote, the oppositions are asking for the premier's resignation, who replies by speaking of a "technical incident". But Cicchitto admits that Berlusconi should ask for trust…
Majority rejected on article 1 of the 2011 adjustment budget - Fini: "The vote has obvious political implications" - Majority enraged by the absence of Minister Tremonti - Bossi, Scajola and Martino also absent - Pd: "Resignation! Resignation!" - The Government had…
From Luxembourg's Ecofin, the Economy Minister defends Italy: "It is one of the few countries with a primary surplus" - "The Spanish spread is lower because Zapatero has announced the elections" - "Eurobonds need governance stronger European".
New appeal from Bocconi economist and Corriere della Sera columnist Giavazzi: "Vittorio, no more comedies: withdraw your candidacy for the top of the Bank of Italy" - We're making the world laugh
The decree will focus in particular on the relaunch of infrastructures, according to what emerged from a meeting chaired by Tremonti with a delegation of ministers and representatives of banks and companies
The two-hour face-to-face meeting seems to have been positive - In recent days, Berlusconi himself had defined the absence of the Economy Minister from voting on deputy Marco Milanese as "immoral"
Without the solid support of Bossi and Maroni, the premier would have gone under. In the majority seven snipers, perhaps from the PDL. Harsh attacks by Santanchè and Crosetto on Tremonti who did not participate in the vote when leaving for America…
The announcement after the meeting between the government and representatives of banks and businesses. A table is scheduled for next week to finalize the interventions
Piazza Affari returns negative - Ft online reveals a visit by Lou Jiwei to the Cassa Depositi e Prestiti and puts the markets in turmoil that think about the willingness of the Chinese fund Cic to buy Italian government bonds - The…
INTERVIEW WITH GIORGIO LA MALFA - "It is a mistake to frantically chase the markets and aim only at reducing the deficit" - Instead, "a vast privatization plan" is needed - Less taxes on labor and more VAT but assets only on…
INTERVIEW WITH VINCENZO VISCO by Franco Locatelli - "I'm not comforted that today they agree with me: it was obvious that it would end like this because the Government was and is dead wrong about tax evasion. Even now there is no real traceability: the measures…
According to the Minister of the Interior, on Monday the Knight and the leader of the League will find "the square" on the August maneuver - Meanwhile, Calderoli's proposals on reversibility and patrimonial pensions for tax evaders are held up - The Treasury warns of…
Berlusconi confirmed yesterday that he did not like the three-year extension of the supertax envisaged by the decree on the maneuver and is considering exploiting the PDL's internal branch to change the tune of the parliamentary process. He denies that he wants to replace the surcharge with…
Berlusconi seems to have convinced himself that Draghi's proposal to give continuity to the top management structure of the Bank of Italy is the best - The pro-Grilli Tremonti blitz failed, in September Saccomanni should become Governor, with the consent of the Quirinale -…
The corrective maneuver approved by the Government incorporates the tax (already conceived by Tremonti himself) to hit the enormous profits of oil companies - It should make it possible to reduce the cuts envisaged for ministries from 6 to 5 billion - Decree in the Senate…
the prime minister: "There were no alternatives to the ECB's requests. I am saddened but satisfied with the balance of the maneuver, which was approved unanimously and in which I do not think I should place any trust in Parliament" - Tremonti: "Mix of cuts and…
Tremonti: "Six billion in 2012 and 3 in 2013" - "Drastic reduction in the ratio between deficit and GDP: from 3,9% in 2011 to 1,9% in 2012" - Formigoni, here are the costs: "1,7 billion for Municipalities, 0,7 for…
Bossi defines Tremonti's speech in the Chamber as smoky, branding the meetings with the prime minister as a "breaking of c..." and concludes: "They didn't convince me". Napolitano meets the parties to invite them to cohesion. Yesterday, in addition to Berlusconi, he saw…
The measures prepared by the Government must include norms capable of reinvigorating growth - For the labor market, Minister Sacconi's proposal to re-propose the reform of art. 18 of the Workers' Statute is not the right way...
The anti-crisis decree will be discussed, which will receive the go-ahead from the Executive next week to bring forward the balanced budget from 2014 to 2013 - The Minister for Relations with the Regions, Raffaele Fitto, will also be present.
Always late but it moves. Berlusconi has convened the Council of Ministers for after August 2012th. Treasury at work to review the maneuver: in 1,5 deficit at XNUMX% of GDP. Tug of war in the majority: cuts to pensions or assets. The meeting started…
Waiting in Italy for the meeting between Tremonti and the social partners - The United Kingdom, at the center of strong social tensions, revises its economic growth forecasts downwards - Nicolas Sarkozy returns to Paris urgently from vacation to...
Treasury technicians are working to bring the balanced budget forward to 2013 in view of the CDM ad horas - For Tremonti, who will meet the social partners today and report to Parliament tomorrow, there are several options on the table:…
International bodies are asking for rapid action, but there is the risk that the political forces, instead of taking effective and timely measures, will wear themselves out in yet another dribble of responsibility. The proof of the truth on Thursday when Tremonti will speak in the Chamber, after…
Finally the Government, pressured by the markets and by the Italian and international authorities, struck a blow on the advance of the maneuver to 2013 and on the obligation to break even, on liberalizations and on the labor market: the signal is strong but the paths are…
Surprisingly, Berlusconi and Tremonti convene a press conference after the markets are closed and announce 4 new things: obligation to balance the public budget in the Constitution; advance to 2013 of the balanced budget; liberalizations; labor market reform
The institution is pressing the Italian government to take immediate measures on public finances. The pressures may have led to the announcement of a press conference by Prime Minister Berlusconi and Treasury Minister Tremonti this evening at 19pm.
Thus the Italian Economy Minister commented on the meeting held this morning in Luxembourg with the president of the Eurogroup - This afternoon he will already be back in Rome to attend Berlusconi's speech in the Chamber.
After the meeting of the Stability Committee with the heads of Bank of Italy, Isvap and Consob, the minister is ready to leave for Luxembourg, where tomorrow morning he will meet the president of the Eurogroup Junker - He will then be back in Parliament in the afternoon…
While Berlusconi will report to the House and the Senate on the sinking of the markets, the superminister will be abroad to consult with the President of the Eurogroup - Close contacts in the last few hours also with Schaeuble and Baroin, finance ministers of Germany and France -…
Once again the Financial Times deals with our country and our politicians. In the spotlight of the London newspaper today is Minister Giulio Tremonti with the risk of paying Milanese's rent in cash and his politics…
At one point, Italian 5-year bonds rose to 5,64%, approaching the same level (5,68%) of Spanish CDS - It hasn't happened since March 2010 - Meanwhile, Piazza Affari is also suffering: the banks lose after the hike …
by Franco Locatelli - Michele Fratianni, an economist who teaches in Ancona and Indiana and who was part of Reagan's team of advisers, recalls the origins of Europe's malaise: "That time Feldstein said to Otto Issing: without the tax…
In the southern economy, the endogenous ability to channel one's savings towards an investment that fuels growth does not exist. What is needed is a development bank: capable of coordinating and resolving the difficulties and opportunities that the actors…
by Aldo Bernacchi - The Tour de France resembles the Stock Exchange and its turmoil - As Minister Tremonti would say, even Contador, who has disappointed so far, is today on the verge of the Titanic and risks being downgraded by the rating agencies…
This afternoon the final vote of the House. But the aftermath has already begun with the head of the League inviting Bersani to speak to him if he wants a caretaker government, says yes to the arrest of the Pope and adds that the Executive will not…
by Ugo Bertone - Net recovery from Intesa (+4,1%), Mediaset (+4,6%) and Parmalat (+4,7%) - Positive opening of Wall Street on the wing of quarterly reports - Gold and oil in rise - Pimco: at these prices, BTPs are a great…
58 signatures collected from PDL MPs to ask for the law to be abolished. The 'rioters' say they are ready to bring down Tremonti. And La Russa also intervenes in their support.
by Ugo Bertone - Faced with the poor management of politics in public enterprises, the large foreign funds leave Piazza Affari, but if privatizations arrive, the music changes - "The crisis of recent days has been salutary: now…
After the failure in the elections, the populist face of Bossi's party is accentuated - Calderoli's outcry in defense of local oligopolies and against the Government's news on municipal companies.
by Ugo Bertone - Despite the resistance of the League, Tremonti confirms that he wants to push on the pedal of liberalization and privatization and that he wants to start right from the municipal companies - The markets respond enthusiastically and make the Ftse/Mib grow…
The superminister at the ABI assembly: "We have to start the process" - Rules in this direction will be included in the maneuver being examined by the Senate today - "The Municipalities will be pushed to sell their assets through incentive mechanisms".
The Minister of Economy from the ABI assembly assures that he is not at all about to resign - And he does it in the usual way for a politician who until recently was considered close to the League, quoting the famous phrase…
Very tight deadlines and few amendments, but there are still significant changes in sight: the final text of the budget will contain changes to the most controversial rules: from raising the retirement age of women in the private sector to stamp duty on securities.
Tight schedule for what will have to be approval in record time - The presentation of the amendments by 18 pm - A meeting between the group leaders and Minister Tremonti at 13 pm - "A few qualifying amendments" from the opposition - The League…
by Silvano Bonini - Majority meeting with Minister Tremonti tomorrow to evaluate possible changes to the maneuver in compliance with the balances - Galli, general manager of Confindustria, launches an appeal to the political forces: "Strengthen it, but vote for the maneuver immediately"
The president of the republic invites the political forces to make a common commitment prevail in order to "overcome the difficult tests that are on the agenda" - Meanwhile the stock market collapses and the Btp/Bund spread flies beyond all records - Tremonti: "Maneuver…
Premier: "Financial law by the summer" - A breakfast at Palazzo Chigi to lock down the text of the maneuver and give an image of compactness of the majority - But perhaps it was too late: also due to the strong political tensions registered in recent days…
by Ernesto Auci - Rumors of possible, albeit improbable, resignation of Economy Minister Giulio Tremonti after Milanese's arrest request offer new weapons to speculation: bank stocks on the stock exchange collapse and the Btp-Bund spread…
The French group now owns the majority of the Collecchio company, with more than half of the capital. Today the last accessions.
The prime minister does not rule out the possibility of proposing the "save-Fininvest" rule in Parliament and attacks his minister. New attack on the Economist's government
After the openings arrived yesterday from Sacconi and Tremonti, the Government is working on the decisive amendment on social security matters - Average pensions would fully recover their purchasing power - Unions react well, but avoid the easy ones…
The revaluation of pension checks and the increase in the tax on securities custody are the two most controversial measures of the entire maneuver - Today the Minister of Economy has not ruled out possible changes, as long as the balances remain unchanged - "If there are ideas…
In a press conference in the afternoon, the superminister of the economy explained the fundamental points of the budget: 51 billion will arrive in the state coffers between now and 2014, another 17 billion will be produced by the enabling law on taxation in the two-year period 2013-2014…
Today the publication in the Official Gazette - Gianni Letta: "No laceration in the majority" - Meanwhile, the superminister of the Economy defends himself against accusations of inefficiency: the goal of a balanced budget cannot be achieved "with a single law or with…
The motorway company will try to convince the superminister of the Economy to delete from the text of the financial maneuver the rule that modifies the amortization times of state concessions - The negative impact for the company would be 500 million.
The Economy Minister denies the rumors about his possible abandonment by entering Palazzo Grazioli for the majority meeting - "I only have one serious and responsible maneuver in my pocket" - But Bossi warns: the Government is at risk -…
Today the summit at Palazzo Grazioli on the economic maneuver that will arrive in the Council of Ministers on Thursday - Many assure that the superminister will not be there and that he could even decide to leave the executive - Meanwhile, the League does not give in:…
Corriere della Sera has exclusively published a draft bill by Tremonti to reduce political expenses in seven points. There is talk of blue cars and planes, salaries, annuities, financing of parties and institutions.
