Stability Law, EU green light to Italy
The maneuver has passed the examination of the Commission. But Brussels warns: “In 2014 exceptional circumstances, the country must continue with the reforms,”
Reuters
The premier Renzi with Economy Minister Padoan
22/11/2014
Green light for the European Union to the stability law. Brussels, calling on Rome to move forward “in the necessary reforms,” it will not start any procedure and recognize that in 2014 there were “exceptional circumstances”. In March, however, there will be a new test for Italy as well as France and Belgium.
The meeting of heads of cabinets Commission therefore anticipates the verdict expected for Tuesday at the political level by the College of Commissioners (the equivalent of the Council of Ministers of the Government `europeo’) also giving the green light to the possibility for national contributions for the Investment to be “voluntary” and, above all, to be “excluded from the calculation of the deficit.”
A result in which the government had confided. “We expect an overall assessment,” he had in fact early in the morning, the undersecretary for European Affairs, Sandro Gozi. To help the outcome of the evaluation, according to European sources, would also ‘the Agreement between Renzi and Juncker’ reached at the G20 in Australia, understanding which included a letter of commitments on the reforms of the Italian government sent a few days ago and published yesterday by the Treasury. Today’s decision of the Sherpas takes into account these tight commitments.
In expectation of judgment, European, meanwhile the maneuver still make progress in Parliament. Tuesday, voting will resume on the latest amendments in committee and then the text will arrive in the Chamber of Deputies Thursday 27. The roadmap will therefore be respected. Still open a series of chapters, from pension funds IRAP, patronages the fund family. As to the first node in fact, that the supplementary pension, are two schools of thought that continue to confront within the Executive: there are those who, considering them the same way as financial income, keen to see higher taxes and those who believe that increasing the tax burden can be counterproductive, ending the possibility that part of the investments of these funds are requested to the real economy.
Moving on to the business world (in addition to the increase of about 2 billion of Sabatini bis for entrepreneurs who invest in machinery, equipment and capital goods which grossed already the ok of Deputies) remains to be defined in the question IRAP: Deputy Treasury Enrico Morando no secret of star studying a solution for those companies, which have no employees and are therefore penalized by the measure on relief fielded by the government, which focuses on labor costs and erases all previous measures. A hypothesis on which we reason, then anticipates Morando, is to introduce a franchise. But this, as well as local tax and fee Rai, will be discussed in the Senate.
On Tuesday, when the House Budget Committee, will meet again on the table instead find other issues. Government and the majority, according to reports, would be working at the chance to hook even the measures for the family fund calculation Isee, along the lines of what was done with the baby bonus. And the same would also identified the roof to take advantage of the funds: 25 000 EUR. In the pipeline also revising the rules on charitable institutions: the orientation would be to halve the cut against them but by introducing a reform of the system through a drastic reduction of its existing patronage.
Staying on the social front, it is possible that they can get funds to fight asbestos while it is difficult to find solution to the question `quota ’96 (concerning esodati in the school) and the slip of the rankings law enforcement.
On the table, then, sources said the government, even a possible reform of the structural funds, which would be reviewed and whose management would be centralized. The proposal is not yet been formalized.
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11/22/2014
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11/22/2014
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