“The quarterly trend of the Italian GDP is expected to return to score a slight increase in the first quarter of 2015 (+ 0.1%) followed by more intense pace of growth in the next quarter.” Telling a hearing on Def Istat President, George Breed.
Istat, third investee loss, worse transport – Of the approximately 11 thousand local participatory surveyed by Istat in 2012 “32.8% reported a loss” and “the transport sector is among those with the highest proportion” of loss-making enterprises. It highlights the institute in a dossier on Def delivered to the Senate. Among the sectors with the highest shares of subsidiaries active in water, waste and energy.
C.Conti not disperse treasure remains for reforms – should be “not to lose” the ‘treasure’ but make “a more profitable, while maintaining the original setting of Def which provides support for reforms.” Thus, the Court of Auditors in hearing in the Senate, noting that it would be good to use “margins to strengthen investment, which are a driving force for the recovery”.
The ‘treasure’, which is ” modest ” and entirely due to lower interest payments, ” is used to accelerate the rebalancing of public finance ”, thus ” greater certainty to the path towards rebalancing ”. And ‘the assessment made by Bank of Italy during the hearing on Def asking you not to spend it .
Well estimates, uncertainty Greece high – The scenario of Def for 2015-16 ” is plausible, though not without risk in the short term: the improvements of trust should be consolidated; the uncertainty of the outcome of negotiations on the adjustment program of the government greek remains high and can induce volatility in the financial conditions ”.
” The priorities and policy areas identified ” by the Italian government in the program of reforms – said the deputy director of Bank of Italy, Federico Signorini, the hearing – ‘appear widely shared’ ‘. On the Jobs Act – he added – ” it is appropriate that the measures outlined in the enabling act and explained in the National Plan of reform are implemented promptly ”. In general, ” the implementation phase continues to represent one of the main weaknesses of the reform process in place ”.
Parliamentary Budget Office, not prudent to use treasure – A “strong concern” was expressed by the President of the Office of the Parliamentary Budget, Giuseppe Pisauro using the ‘treasure’ 1.6 billion in 2015. During the hearing in the Senate said that “it seems premature to consider acquired these resources” and use before “improvement materialize seems contrary to considerations of prudence.” Pisauro, who spoke on the arm throughout the hearing, has instead read considerations dell’Upb when he addressed the issue of the use of the margin of 0.1 points deficit that the government anticipates in Def. ” It seems premature at this stage of the year, when they still do not know the performance of the firm and the first installment of advance dell’autotassazione – said Pisauro – think of using resources, although limited in size, considering them already acquired. A decision made in April to ‘spend’ in the current year the effect of improvement in the macro than the prediction of the previous autumn, without waiting until this improvement materialize, seems contrary to considerations of prudence ”. Pisauro had also indicated a concern technical explaining that, well, the improvement in the structural balance would be lower than that required by European rules: would stop at 0.2 instead of 0.25 points deficit. But – he added – ” the question is not so much of a difference to the second decimal of the adjustment in the structural balance as the uncertainty which is subject to the low estimated improvement in the accounts of 2015. A detour also modest in the macro or interest rate forecasts negate this improvement and would cause a significant departure from the path towards the MTO ”, that is the objective of public finance provided by the EU to Italy.
Tasi: Bankitalia, good simplification, both permanent – “A simplification and rationalization” of the taxes on the house “is desirable” but “it is essential that you come at last to a permanent footing, given the high costs of instability legislation for citizens and for the same government. ” So Def Bankitalia on providing for the unification of Tasi and IMU in a new local Tax which “are not given characteristics.”
No comments:
Post a Comment