Tag Archives: budget
Budget deficit leaves no fiscal wriggle room, econ min says
(ANSA) – Rome, December 13 – Italy’s economy minister on Friday said risks of a rising budget deficit leave the country with no fiscal wriggle room. “We’re unfortunately very close to having a 3% deficit-to-GDP ratio,” said Fabrizio Saccomanni, referring … Continue reading
Budget law could include tax hike on gas, diesel
(ANSA) – Rome, November 22 – Italy’s budget law may be amended to introduce an increase in the excise tax applied on gasoline and diesel fuels from January 2017 through the end of 2018 so as to generate additional public … Continue reading
Saccomanni says Italy won’t change 2014 budget
(ANSA) – Brussels, November 22 – Italy will not change its 2014 budget significantly and new measures it is taking to pay down debt will be good for the country and the economy, Economy Minister Fabrizio Saccomanni said Friday. As … Continue reading
Budget proposal sees spending on stadiums, buildings
(ANSA) – Rome, November 20 – An amendment to Italy’s 2014 budget bill proposed Wednesday would see funding for new soccer stadiums and other public buildings. These would be “designed to achieve the overall economic and financial balance” needed to … Continue reading
Letta sees recovery in reach as budget wrangles run on
(By Sandra Cordon) (ANSA) – Rome, November 13 – Premier Enrico Letta said Wednesday that he is confident Italy’s economy is pulling out of recession even as his government continued to shepherd its 2014 budget bill through Senate approvals.Letta, whose … Continue reading
Unions and students protest against draft budget law
(ANSA) – Rome, November 15 – Italy’s three main labour unions – CGIL, CISL and UIL – and students on Friday staged nationwide protests against the government’s 2014 draft budget law accused of failing to address record unemployment, including one … Continue reading
Letta says budget will need ‘many’ improvements
(ANSA) – Rome, October 22 – The 2014 budget in its present form will need improvements, Premier Enrico Letta said Tuesday. Speaking to the Senate, Letta said that tax measures in particular must be altered.“It is true that there are … Continue reading
Govt budget isn’t ‘gospel’, says deputy premier Alfano
(ANSA) – Rome, October 22 – The 2014 budget bill is not sacred and the government is open to improvements in parliament, Deputy Premier and Interior Minister Angelino Alfano said Tuesday. The package has been blasted by business associations and … Continue reading
Squinzi says pass Italian budget with no ‘dirty tricks’
(ANSA) – Milan, October 21 – Italy’s new budget, despite its shortcomings, should be moved quickly through parliament without any “dirty tricks,” the president of the country’s association of big business said Monday. “There is great concern that in the … Continue reading
Letta budget under exam amid fears of ‘dirty tricks’
(By Denis Greenan). (ANSA) – Rome, October 21 – Premier Enrico Letta’s 2014 budget is set to start a two-month journey through parliament Tuesday with unions up in arms over its alleged “timidity” on growth and employers warning against “dirty … Continue reading