Rome, outstanding debt at an altitude of 12 billion – Il Sole 24 Ore

History of the article

Close

This article was published April 6, 2016 at 6:40.

the outstanding debt of the City of Rome, that since 2008 is under the control of the management commissioner, is now up to 12 billion: 3.2 non-financial (such as trade payables for late payments) and 8.8 of a financial nature (such as mortgages). To make the point, yesterday, at his hearing in the House Budget Committee was Silvia Scottish, which since September 2015 is the special commissioner of the government for the management of the Capitol of the previous debt repayment plan.

Scottish allowed to put a full stop: when it was set up a repayment plan, in 2008, the deficit amounted to just over 9.5 billion. When in 2010 was made a final determination, the figure was quantified at an altitude of 16.7 billion: Scottish explained, for example, that well of 2 thousand expropriation practices that occurred between 1960 and 1990, has recovered memory only in 2010. However, not all the clouds have thinned: “neither the debt repayment plans capital of Rome so far drawn up, nor the final determination document debt – said Scottish – seem to contain an analytical survey and a comprehensive representation the financial situation to be restored prior to 2008. Currently 43% of the positions in the computer system of the Municipality was not located directly on the subject creditor. ” Especially, Scottish warned of a possible liquidity crisis for the years 2020-2035. To dispose of the outstanding debt – to “ordinary” ends of the Capitol, according to the latest financial statements approved by the Special Commissioner Francesco Paolo Trim is € 1.2 billion, largely sustainable – every year is paid a state subsidy of 300 million, more 200 million obtained from a surtax on boarding fees on aircraft departing from the airports of Rome and an increase municipal income tax surtax of 0.4 percent. And yet: “If we exclude from the calculation of the financial debt of the Commisioner Management the expected contribution from the Ministry of Economy of 880 million euro – said Scottish – the balance between income and expenditure promises negative until 2039. Clearly in the early years this crisis scenario would be muffled by the payment of 880 million euro, moving the liquidity problems in 2020 and until 2035 “.

© ALL RIGHTS RESERVED

Permalink