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Public manager salary cuts, Moretti (FS) critical, Renzi: "we will convince him"

The CEO of the Fs: "The State can do what it wishes, it will pay for a good part of managers leaving" - "I get 850 thousand euros, my German counterpart gets three and a half times as much" - Renzi: "When Mauro Moretti you will see the ratio of the interventions you will agree with me, because there are so many pockets of waste within the public administration"

Public manager salary cuts, Moretti (FS) critical, Renzi: "we will convince him"

Q&A between Prime Minister Matteo Renzi and the managing director of the FS group Mauro Moretti on the cut to the salaries of public managers. To Moretti, who had envisaged a flight of public ads abroad, the Prime Minister replied: “I confirm the intervention on the salaries of public executives. When Mauro Moretti sees the ratio of the interventions he will agree with me, because there are so many pockets of waste within the public administration, and I don't intend to give up this battle. Some institutions are toll for the Italians and must be dismantled".

Moretti had declared that, if the Renzi government reduces the ceiling on the salaries of the managers of public subsidiaries, the managers could leave the leadership of the companies. This is understood by the CEO of the FS group Mauro Moretti: “It's one thing to be on the market, it's one thing to make a political choice. The State can do what it wishes, it will pay for the fact that a good number of managers leave. You have to take this into account."

“For the moment – ​​continued Moretti – I think they want to cut the salaries of state super-managers. I take 850 euros a year and my German counterpart takes three and a half times as much. We are companies that are on the market and it is clear that on the market we also need to have the possibility to pay”. The risk, as already mentioned, is that good managers do not continue to operate in "companies that are complicated and where there is risk to be taken every day".

According to the CEO of FS, “In a private company with a turnover of less than one billion you will find that salaries are four times what I told you. There are perhaps some cases that need to be reviewed, but the logic according to which anyone who manages a company that invoices what I have told you must be below the President of the Republic is wrong”.

As regards the performance of the railways, Moretti explained that the accounts have improved compared to 2012: “The accounts are going well – he said on the sidelines of the assembly of production and work cooperatives -. Since we are a state company, it means that the entire Italian community will have a positive contribution from the performance of one of its companies”.

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