Renzi: “Def not crush or ‘taxes’” Growth at 0.7%, but cautious “- AGI – Agenzia Journalistic Italy

April 7, 2015 21:25

(AGI) – Rome, April 7 – The Def not will contain ‘any new taxes and no reduction in services for citizens, indeed, if the growth will prove’ more than “prudent” 0.7% estimated by the government, next year there may be room for even lower taxes. This was underlined by the President of the Council, Matteo Renzi , in the press conference after the Council of Ministers, which examined the Def, pending approval scheduled for Friday ‘next.

Before that date, did you know the same Renzi , there will be ‘the meeting requested by the auditors, alarmed by the possibility’ of new cuts.
“C ‘and’ need to lose a little weight ‘the public machine, but if the sacrifices they make the politicians will not hurt, “said Renzi, ensuring that the Def not imply’ ‘it’ increases in taxation it ‘cuts to the benefits that the citizens receive. ” “And ‘The time when politicians demanded sacrifices to the citizens. The citizens today know that the government is not required of new taxes.

We will continue with the tax relief measures that will be used to create jobs and growth” , continued the premier, who said he was “ready for a lineup with the mayors” and speaks directly to the mayor of Turin, Piero Fassino , which today in an interview with ‘Republic ‘has urgently requested a comparison of Palazzo Chigi and Anci.

“It ‘s only natural that a director of a city’ underground as Fassino laments” the difficulties ‘with his hometown’ said Renzi While acknowledging that “the city ‘Turin metropolitan has to serve the violation of the Stability Pact’ last year.” “The spending review is not ‘trying to do harm to the citizens but the attempt to make better use of the money of the citizens, and cut the subsidiaries’ as a favor to the people, not to make cuts,” he reiterated Renzi , which has estimated “conservatively”, in 0.6% of the GDP of the margin reduction in spending (the destination of the savings will be ‘then discussed “September”) and claims “a tax cut for 18 billion euro in 2014: 10 by 80 by 8 euro and measures at work “in addition to” 3 billion safeguard clauses “. Taxes that could be reduced further 2016 “if the conditions are met.”

On the economic estimates further details were provided by the Minister of Economy, Pier Carlo Padoan , who spoke of a GDP growth of 0.7% this year, of ’1.4% in 2016 and 1.5% in 2017, whereas the deficit and’ expected to fall “to 2.6% of GDP in 2015, 1.8% in 2016 and 0.8% in 2017 “while the debt is expected dips” at 132.5% of GDP in 2015 to 130.9% in 2016 and 123.4% in 2018 “, the year in which, therefore,” the rule of the debt will be ‘fully satisfied “. “This nightmare of the mountain of debt that can ‘trigger rules guillotine cuts will be’ really went away and for the prospects of Italy and ‘a very important fact,” said the minister, who speaks of “a train of reforms” that and ‘was activated and that will allow’ this year to get the EU more room for maneuver on the accounts via the so-called “clause of the reforms”, thanks to which this year structural adjustment must ‘be equal only to 0, 1% of GDP and not 0.5%.

An improvement in the economic outlook of the country which will also contribute to the privatization, said Padoan, will yield 1.7-1.8 points of GDP coated in 4 years. The government is “working hard” for the privatization of Poste, and “in the pipeline” privatization of ENAV and Railways, Padoan said, reiterating that the times are dictated by market and the need ‘that the companies that will be placed on the market can illustrate “the best” of their characteristics.

In a context that, in general, is seeing a “return of private investment”, and ‘but’ “fundamental”, warned the tenant of Via XX Settembre, “defuse the safeguard clause” , which is the automatic increase in VAT that will shoot ‘in the absence of sufficient savings.

The appointment and’ then to the Council of Ministers on Friday ‘neighbor, not only for approval of Def but also, recalled Renzi, for the appointment of “the new, or the new, under-secretary to the Prime Minister” that will replace ‘Graziano Delrio, new Minister of Transport and Infrastructure.