National Economy

Report Linkiesta
Of Mariangela Tessa
While between the Quirinale and the party secretariats, Italy is anxiously searching for the architecture of the next government, the new executive will be called upon immediately find further 30 billions of euros to neutralize the deadlines set by previous governments, that is to say the increase in VAT and excise duties on fuel (12,47 billion for the 2019 e 19,16 billion in 2020 for a total of 31,6 billion in the two-year period 2019/2020).
In the Finance Law of 2018 the necessary coverage must therefore be found, otherwise – starting from 1 January 2019 – the intermediate VAT rate will rise from 10 al 12% while the ordinary one will pass from 22 al 24,2%. New flurry of increases at the start 2020 with the intermediate rate at 13% and the ordinary one al 24,9%. To which will be added yet another increase in excise duties on fuel. A real one blow to Italian consumptionwhich could knock out the fragile economic recovery underway. Read More

“The economic forces that support the PD do not want unemployment to fall, because what lowers wages increases rents. The PD is the party of income. Including the underemployed and discouraged, Italy is at the top of the unemployment ranking”

Of Marco Dozio
Professor Alberto Bagnai, professor of economic policy, spearhead of economists opposed to the single currency, candidate for the Political League, Renzi said that you are a dangerous extremist who wants to destroy everything.

My candidacy was commented by political opponents as a demonstration of the League's dangerous extremism. In particular because according to my political opponents I would be someone who wants to destroy Europe. It's funny to note that immediately after, Toni Negri, perhaps slightly more extremist than myself, gave an interview to Vanity Fair in which he hoped that Brussels would take the reins of the Italian government. It is the demonstration that there is proven extremism among supporters of the European project. Project that authoritative scholars such as Vladimiro Giacchè, Luciano Barra Caracciolo and Giuseppe Guarino have demonstrated how it is incompatible with our Constitution. It is no coincidence that the opponents who call me an extremist are those who tried to change the Constitution. From this point of view the numbers add up. As for extremism: no one wants war and no one wants to destroy anything. Studies such as that of the International Monetary Fund demonstrate that since we have been in the eurozone there has been an ongoing disintegration of the economic structures of countries. In the sense that the euro benefits strong countries and disadvantages weak ones. Salvini's position is absolutely moderate and prudent, as he poses the problem of what to do if a scenario of disintegration of the eurozone is never stopped. The one who can arrest him, come dice Stiglitz, it would be the political will of the countries of central Europe to cooperate with the periphery of Europe. But we see more every day that this will is not there. And indeed we see that Brussels is preparing for a further crackdown on the banking system which risks bringing us definitively to our knees, something of which our current government seems to be unaware. This is not being moderate and prudent, is to be an extremist: market extremism, the extremism of thinking that if we rely totally on the financial markets they will know what to do with us. And in fact they know it: pork meat. Read More

Written and reported by Antonio Amorosi

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The Engineer invested in the stock market 5 million euros before the government's decision

Of Fiorenza Sarzanini
ROMA Four days before the government decree on Popolari launched on 20 January 2015, Matteo Renzi would have reassured the entrepreneur Carlo De Benedetti that the measure would pass. It is the Engineer himself who tells it to the professional who took care of his investments in the stock market. The recording of the phone call - which has remained secret until now - is attached to the file that the Rome Prosecutor's Office sent to the Parliamentary Banking Commission. And it seems to deny the version provided by both when they had excluded the disclosure of confidential information. The investigation for insider trading was started three years ago following a report from Consob which had highlighted capital gains and anomalous movements on securities. In particular, De Benedetti had invested 5 million euros with Romed spa earning 600 thousand euros. The magistrates asked for the investigation to be closed because both Renzi and De Benedetti, questioned by prosecutors, they excluded having entered into the merits of the text then approved at Palazzo Chigi. But now - while waiting for the judge to decide whether to accept the prosecutors' request - the Commission will express its opinion in the final report.
READ THE INTERCEPTION:
http://roma.corriere.it/notizie/politica/18_gennaio_10/popolari-de-benedetti-telefono-696d82f0-f581-11e7-b250-16cc66648122.shtml Read More

The newspapers he edits when they publish the wiretaps?

(ANSA) – ROMA, 10 GEN – “Carlo De Benedetti, as we read today in numerous newspapers, he clearly said that he had learned from Renzi of the imminent launch of a decree on cooperative banks.
Got this news, he told his trusted men, always according to newspaper reading, to proceed with certain investments. These financial choices earned De Benedetti a profit of 600 thousand euros, but the investigation was later closed by the judiciary”. CONTINUE ON: http://www.ansa.it/sito/notizie/topnews/2018/01/10/banche-gasparri-de-benedetti-sapeva_b021888a-c056-4c0f-a95d-e9bf529df659.html Read More