Maneuver, dissatisfaction with Brussels for letter from Italy. Renzi: “No call-and-response – LOOP.it

Negotiation, the Eu-Italy on Sunday. The Commission points to portray a dissatisfaction with the responses in Italian to the doubts expressed on the budget law the Italian premier Matteo Renzi, denies that there is a iron-arm, in the act.

The position of the Brussels – In Brussels, there is dissatisfaction with the reply of Italy to the remarks to the draft budgetary plan.Of the 5 letters received, 3 are more constructive (Portugal, Finland, Belgium) and 2 are less so, Italy and Cyprus. And’ what is learned in Brussels. the Tomorrow is the deadline for any request for a revision of the programmatic document of the financial statements by the Eu-Commission, in the case in which it was recognized to be a serious risk of diversion of the objectives of structural adjustment. So far it never happened and even in this case it probably will not happen. But the negotiations are continuing, because we learn in the same environments – even if the rejection probably will not arrive, this does not mean that the budget is going well.

The earthquake and the maneuver according to the Eu – The ability to invest in prevention for the safety of buildings with measures for seismic out of the stability Pact is provided for in the communication on the flexibility of the January 13, 2015, in the attached one. And’ what is learned in an environment of Brussels. Then, when you accuse the Eu Commission not to allow investments in earthquake-proof – states in the same environments – < / strong>is made populism cheap. “Under the current rules the Eu there are ways to exclude the costs in the short term in response to major natural disasters, which are considered to be measures of the one-off excluded by the efforts of the budget when evaluating compliance with the Pact of stability” and that “we have already done in the past for the earthquakes in Abruzzo and Emilia-Romagna”. A spokesman for the european Commission to anyone who asks if the Eu will be less strict on the budget of Italy. “At this point, not speculiamo – adds the spokesman – Any costs that may meet the criteria will be assessed when we receive all the details from the Italian authorities. Remember that it is in the course of a dialogue with the Italian authorities on the Dbp and, therefore, I can only repeat that, not speculiamo”.

The hypothesis of mediation: the compromise that you continue to study in these hours, you may have to take advantage of the european Fund for strategic investments and framing in that context, the plan for the safety of the territory. A hypothesis suggested by the technicians in europe, when, in reaffirming that the costs for the close emergency already are out of the stability Pact, there is a reference to annex a to the notice on the flexibility of the beginning of 2015. In that document, in fact, provides the possibility not to count in the deficit of individual Countries, some of the expenditure carried out in the framework of the Eifs, citing various examples of operations co-financed by public and private operators. Under this ‘umbrella’, then, could, on the one side there is a flywheel (and more resources) to carry out the plan for the medium term, and on the other allow, within the rules, that these costs do n ot impact on the deficit (in particular the structural deficit) was used as a reference by the Eu for the monitoring of public accounts.

replica Renzi – “there is no arm of iron with Europe: what it takes we make it” . He said the premier Matteo Renzi in a press conference after the cdm. “We – he adds – we are respecting the european rules that include clauses exceptional”. “The point is: immigration and the earthquake are exceptional events. I consider also what you need to put in place the school building” also “in the territories are not affected. “We’ve had three earthquakes in 7 years, in the face of this, even a child realizes that in Italy there is a problem, the seismic” and “with children do not mess”, he adds.

In the morning from the Eu had come a message solidarity for the earthquake to our Country as Berlin stresses that the pattò european stability is flexible.

Maneuver, dissatisfaction with Brussels in order to response in Italy – ANSA.it

In Brussels, there is dissatisfaction with the reply of Italy to the remarks to the draft budgetary plan. Of the 5 letters received, 3 are more constructive (Portugal, Finland, Belgium) and 2 are less so, Italy and Cyprus. And’ what is learned in Brussels.

Tomorrow is the deadline for any request for a revision of the programmatic document of the financial statements by the Eu-Commission, in the case in which it was recognized to be a serious risk of diversion of the objectives of structural adjustment. So far it never happened and even in this case it probably will not happen. But the negotiations are continuing, because we learn in the same environments – even if the rejection probably will not arrive, this does not mean that the budget is going well.

The possibility of investing in prevention for the safety of buildings with measures for seismic out of the stability Pact is provided for in the communication on the flexibility of the January 13, 2015, in the attached one. And’ what is learned in an environment of Brussels. Then, when you accuse the Eu Commission not to allow investments in earthquake-proof – states in the same environments – < / strong>is made populism cheap.

“Under the current rules the Eu there are ways to exclude the costs in the short term in response to major natural disasters, which are considered to be measures of the one-off excluded by the efforts of the budget when evaluating compliance with the Pact of stability” and that “we have already done in the past for the earthquakes in Abruzzo and Emilia-Romagna”. A spokesman for the european Commission to anyone who asks if the Eu will be less strict on the budget of Italy. “At this point, not speculiamo – adds the spokesman – Any costs that may meet the criteria will be assessed when we receive all the details from the Italian authorities. Remember that it is in the course of a dialogue with the Italian authorities on the Dbp and, therefore, I can only repeat that, not speculiamo”.

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Istat: “The prices now fall in” The turnabout of the inflation – Corriere della Sera

an about-turn. The consumer price index in October, he returns to mark a decline, down 0.1% on an annual basis. They say that the preliminary estimates of Istat. Means that you cancel the small rise in September (+0.1%) in that he had interrupted a phase of deflation that had lasted for seven months. “The trend decline in the overall index continues to be determined by the energy goods whose loss is accentuated slightly,” says the Institute of statistics. In terms in the short term, however, inflation in October, remains stationary, with the recording of a change in zero. And in general, in contrast, rising fuel prices.

summer

Considering the trend rate, as of October reappeared deflation, with the index that shows the level by 0.1% already marked in July and August. If the sign most of September had been determined by the “power factor”, is always the same factor to have impacted on the dynamics of the last month. For energy goods, Istat, in fact, indicates a decline of 3.6% (down by 3.4% in September). A datum that is the result, stresses the Institute of statistics, “for a more intense decline in prices of those that are regulated (-6,0%, was 3.8% at September) and a partial return of the contraction of the energy Goods non-regulated by 0.8%, from 2.7% of the previous month)”. If fuel prices heat up, in fact, in the sector regulated (electricity and gas), the latter shall prevail instead of the minus signs. For the uk’s “further contributions deflationary arise from the developments of other types of products, among which stand out the fo od is not processed (down 0.4% from +0.4% in September)”. Here is that net of energy goods inflation slows, reaching +0.2% (was +0.5 per cent). Similarly net of food products and of goods and energy, “core inflation” brakes +0.2% (+0,5%). The rate gained for 2016 remains equal to -0,1%.

spending

The shopping cart and then decreases, always on-trend, according to Istat. That emphasizes this: “The prices of food goods, for the care of the house and of the person are still on a monthly basis and recorded a decrease of 0.3% on an annual basis (the change had nothing to September)”. The food, for the care of the house and of the person include, in addition to food goods, the goods for cleaning and routine maintenance of the house and goods for personal hygiene and beauty products.

producer prices

also Drops the index of producer prices of industrial products. According to the latest data from Istat, reported in September, the parameter remains unchanged compared to the previous month, but a decrease of 0.7% in terms of trends, with trends deflationary, which continue to affect both the markets for industrial products.

October 31, 2016 (amendment 31 October 2016 | 12:37)

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For over 36 years, half a million italians receive pensions – Blasting News

#Inps announced that they are 540.000 italians by more than 36 years benefit fromcheck board. The average age of beneficiaries of the cheque is between the 54 55 years. For public pensions, assets, the average output was 47.5 years. More precisely, in the private 188.000 about the #Pensions old-age pensions from prior to 1980, while those of invalidity, in the same period are approximately 440,000. Pensions today are raised about 8 years
while the survivors has grown by an average of nearly 30 years.

According to the studies of the INPS the 40% of pensioners are Italian (6.4 million) has a check pension below 1,000 euros per month. And are in particular most women and men who face this threshold. And this is the reason that has pushed the government to tackle the pensions problem trying to give a balance that currently does not exist and that, in 2014, had an increase of 1.2%. Already this year the number of performances has decreased to 100.000.

The controversy started to subside, and, among the many points in the discussion, there is one of the early. As is well known, the workers early ask for changes on their retirement age in order to avoid that this will grow even further. According to the budget 2017 early may retire with 41 years of contributions and with an age less than 63 years, provided that, in between 14 and 19 years, they have completed at least one year of work. – Will benefit workers who are unemployed, disabled or carers for disabled, or those belonging to the categories of teachers of kindergarten, machinists, carriers, cranes, truck drivers, and operators ecological. In this regard, on the web, circulate the questions of the early Boers reminding him that the ads made by the INPS were misleading. For example, in 2012, the INPS declared 400.000 esodati and now we talk about 172.000 units. Indeed, in the second protection 55.000 esodati became 20,00 0 to benefit from it. Therefore, there are many of them to complain, and to ask INPS to give correct and valid information to the next safeguard which will address the Eighth measure.

Pensions, in the School in 1980, he left the job at 47 years old or up to 55 years – The Technical School

more than half a million people in Italy receive a pension from more than 36 years of age, when he left a lot of work before 50 years of age.

it Was 1980 and in the public sector, school included, was in early retirement at the age 47.4 years. Or, for reasons of age, left the work-around for 55 years.

The pensions of public employees be provided prior to the 1980s, summed up the Bend, are 4.573 for the old age (55,7 the average age at the effective date), 33.654 to seniority (to 47.4 years, the mean age at the commencement), 16.573 to survivors from the insured (41,7 years of age at the commencement) and 10.663 for the survivor retired (46,3 the average age at the issue date).

In 2015, the average age at the commencement of public pensions in force was at 66.8 age of 62.4 years for early retirement.

The data are contained in tables Inps on the years of commencement of old-age pensions (including retirement) and survivors ‘ pensions of the private and public sector, therefore excluding both the disability benefits of social security, both disabled civilians, both welfare benefits.

In all, the old-age pensions and survivors ‘ pensions of the private sector who have more than 36 years 475.000, in the public 65.463.

Those who today – with the "close" introduced by the Fornero reform leaves the job almost 68 years old or with more than 42 years of contributions – are considered privileges, 36 years ago they were adopted, even in the portfolios private.

Are in effect from prior to 1980, private sector 188.436 old-age pensions (54,9 years, the average age at the effective date) 439.718 disability pensions (44,5 the average age at the effective date) and 286.542 survivors ‘ pensions (41,35 years, the average age at the commencement date) for over 914.696 allowances total (45,66 the age at the issue date).

disability income (439.718) must however be considered differently as they have been allocated on the basis of the physical conditions of the people. The average age at the commencement of the pensions in force has risen by almost 8 years for old-age pensions (from 54,9 years in 62,55 average), while for the survivors has grown by an average of nearly 30 years passing by the 41,35 of pensions in force for over 36 years (that clearly were provided to people, then very young, given that they are still living) to 73,89 years of those, with effect from 2015.

Pensions, portion 41, and a mini pension: latest news, news on pension reform – Techcrunch.it

Pensions, the latest news: cross-party support to the improvement in class quota 41 and mini retirements.

the Pensions latest news and the latest pension news: Committees on the Internet about news for pensions, had meetings with several representatives of the various forces and the improvements that you are studying to make that are clearly getting the advice of these Committees Online that seem to be heard. Now go to the practice and could actually change some elements of the changes for pensions, however, is very complex for diver reasons for how they were structured in the documents.

Cotinuano to be more active and protagonists of the debates on pensions, writes http://www.businessonline.it/ – also with regard to that before were unthinkable with different forces groups online, ready to continue to fight to obtain favorable news for the pension positive for all conditions, certainly at the moment are not met by the mini-board and the portion 41, which are in discussion to be included in the new consolidated text, and in approval by the end of the year. How to improve, however, the current news for the pensions ? What would be the best solutions for the same news for the pensions? How to protect the categories of workers strongly in difficulties because of the current rules for the pensions? The Youth group, Work, Retirement Franco Rizzo, after the exhibition, in Bologna, during which he reiterated the need of the portion 41 for all, without conditions and limitations and without charges, is preparing to participate in, reported by the latest and last new s for today, Sunday, at the new event which will be held on the 12th of November in Milan, together with other groups, to increase the pressure towards the majority for you to put hand to the latest news for the pensions made the point of the mini-board and the portion 41, with improvements.

Rizzo, in fact, the recent news for the pensions presented by the majority are not useful, nor to protect the workers who entered very young in the world of employment or who are in occupations strenuous, nor to boost the employment of youth, why not help to trigger the mechanism of replacement generation that should be the primary effect of the new pensions to guarantee to all workers the opportunity to leave prematurely their employment. The latest news, as we well know by now, confirm the fact that through systems of retirement of older workers, it would create new jobs that employ the most young people and this system makes it possible to start the turn over, giving a new thrust, at the same time, productivity and revitalization of the economy in general.

Pensions, Inps: “More than 500 thousand italians receive the check from before 1980″ – Il fatto Quotidiano

More than half a million Italian receives the board from 36 years. That is, from before 1980. The figure emerges from the tables Inps on the years of the beginning of the treatment of old age (including veterancy), and survivors of the private and public sector, excluding the grants to disability social security, those to civil invalids, and the welfare benefits. Are approximately 540.000 those to be liquidated from before 1980, obviously people at the time very young. Old-age pensions and survivors ‘ pensions of the private sector paid for over 36 y ears 475.000, in the public 65.463. The rest of the government pension advance the average output was 47.4 years.

In the field private are 188.436 old-age pensions in force prior to 1980: it is the people left the labour market, on average, 54.9 years. The disability pensions, pre-1980 are then 439.718 (44,5 the average age at the effective date) and survivors ‘ pensions 286.542 (41,35 years, the average age at the effective date). The disability benefits, however, were provided not on the basis of age but considering the physical condition of the people. The average age at the start date of the pensions regulations, in these years, it has raised almost 8 years to old age (from 54,9 years in 62,55 average), while for the survivors has grown by an average of nearly 30 years passing by the 41,35 of pensions in force for over 36 years to 73,89 years of those, with effect from 2015.

The pensions of the government employees: be provided before 1980 are 4.573 for the old age (55,7 the average age at the effective date), 33.654 to seniority (to 47.4 years, the mean age at the commencement), 16.573 to survivors from the insured (41,7 years of age at the commencement) and 10.663 for the survivor retired (46,3 the average age at the effective date). In 2015, the average age at the commencement of public pensions in force was at 66.8 age of 62.4 years for early retirement.

on Sunday 30 October, the canadian prime minister, Justin Trudeau will come to Brussels to sign CETA, an important trade agreement between Canada and the European Union, which until a few days ago, was blocked by the parliament of Wallonia, one of the three regions in which is divided the Belgium. The CETA, which was negotiated in the course of the last 7 years, will eliminate 98 percent of the customs barriers between the European Union and Canada and will allow eu exporters to save up to € 500 million per year. The opposition of the Walloon region was overcome thanks to a clause added in the last days, that the protection even further, some manufacturers in the belgian region.

CETA means "Comprehensive Economic and Trade Agreement", which in Italian was translated as "the comprehensive and economic trade Agreement". Of the possibility of an agreement between Europe and Canada had spoken for the first time at a conference in Ottawa in march 2004. The negotiations began five years later, in may of 2009 and lasted for the next five years. In 2014 the agreement was concluded and started the long process of approval on the part of the individual european countries.

In practice, the CETA is a long document, 1598 pages [PDF], which contains hundreds of articles. One of its main effects will be the elimination of most tariffs between the European Union and Canada, but the treaty also contains many other provisions. For example, it allows european companies to participate in tenders for public contracts in Canada and vice versa. You are to provide for the mutual recognition of professional qualifications and new rules to protect copyright and industrial patents. The agreement also provides for the protection of the trade mark of some agricultural and food products typical, a clause strongly demanded by european farmers, as it was one of the most long and difficult negotiation).

A very controversial treaty has concerned the ISDS, the Investor-state dispute settlement", or, in Italian, the clauses for the Resolution of disputes between the investor and the state." These are some of the clauses that allow you to sue a state before an international arbitration in the case in which an investor believes he has been unjustly damaged. The basic idea of ISDS is that the state courts are not always the best place to protect the interests of a foreign company. It is thought, therefore, that we can create a climate more attractive to investment by allowing foreign companies access to an "international tribunal" to protect himself from any decisions unfair on the part of the foreign state where they operate. To resolve these disputes, the CETA establishes the creation of a court of permanent judges chosen from Canada and the European Union, among which will be raffled to those who will take care of individual cases.

The ISDS, a clause common in many commercial treaties being discussed or under discussion in these years, are often criticized by NGOS and civil society, in particular in Europe. According to the critics, it is wrong to give the possibility to private companies to sue states. Today, Italy is involved in six proceedings in which foreign companies have invoked international arbitration. At the same time, Italian companies are engaged in 30 lawsuits of the same type against other countries.

In Wallonia, the opposition to the treaty was led by Paul Magnette, the leader of the socialist party and of the government of Wallonia. Magnette, initially, motivated by its opposition with the presence of the ISDS in the text of the agreement, and claimed that he and the socialist party in the walloon are among the few european politicians to be, were idealists and defend the interests of the continent without succumbing to the interests of multinational corporations. Magnette at the end he changed his mind when he received the promise that the validity of the ISDS shall be verified by the Court of justice of the european union, and when the treaty have been added more clauses to protect agricultural producers from the belgians.

Federalberghi, 7 million italians travel to the bridge of the 1° November – reuters uk

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The bridge of November 1st, the data of Federalberghi travel in 7 million, turnover of 2 billion – Si24 – your site daily

Continue to decrease the expense of the italians for the fuel, even if the effect-savings is diminishing with the passage of time and the recovery in the price of oil. According to an elaboration of the Centro Studi Promotor, the savings is “determined from prices at the pump lower in 2016 than in 2015 in the presence of consumption basically stable”. But if, in the compared with a year earlier, in January this savings was 497 million, “in September, the lowest expense on the September 2015 was only 61 million. The reason for this situation is that the trend in fuel prices has been reversed, starting from the beginning of march this year”.

taking advantage of the bank of data on consumption and expenditure for fuels in Italy and of the Promotor, the Centre for the study notes that “the downward trend in the prices of gasoline and diesel fuel that occurred after the peak in 2012 resulted in substantial savings in the expense of the italians for transport fuels. In particular, in 2015, the savings was about 7 billion. In 2016, the savings should be kept to under 5 billion, and there is the real prospect that the spending increases in 2017″.

As every month, Promotor then drew up a final statement on the consumption and expenditure of petrol and diesel cars in our Country: in the first nine months of the year, compared with the corresponding period of 2015, the consumption fell 0.3%, while expenditure fell by 42,174 billion 37,605 billion, with a decrease of 4,569 billion (-10,8%), a decline consisting of 915 million from lower tax revenue and, to 3,654 billion in lower revenues for the industry and the fuel distribution.

another alert on the possible rise in the price of next year comes from the Cgia of mestre, which detects as, however, there will be, at least for 2017, the increase in the Vat linked to the safeguard clauses of the budget. For the Cgia, however, the rise in prices of fuels for gasoline and diesel fuel is around 0,005 euro per liter (half a euro cent). The Stability law of 2014 (the Government Read) – remember the association of venice – has planned for 2017-2018, an increase of excise duties on fuels in such a way to find additional resources, respectively, 220 and 199 million euro. It will be a decision of the Director of the Agency of Customs and Monopolies to establishing the entity, i.e. the amount that will go to increase the taxation on motor fuels. “We hope that with the law of Budgetary 2017, the executive sterilize this rise, says Paul Zabeo of the centre for studies of the Cgia -. Although the price of oil is very low, the price of fuel at the pump rem ains too high, especially because of the level of taxation on a full tank of gas accounts for 69% and that of diesel to 67%. A level that, in both cases, is at the top in the Eu”.

How much is a full tank of a petrol car with tank of 50 Lt
Year	2010	2014	2015	2016	2017
Price industrial	€ 28,65	€ 33,67	€ 26,48	€ 22,23	€ 22,23
VAT	€ 11,37	€ 15,44	€ 13,84	€ 12,90	€ 12,96
Excise duty	€ 28,20	€ 36,52	€ 36,42	€ 36,42	€ 36,67
Price at the pump	€ 68,22	€ 85,63	€ 76,74	€ 71,55	€ 71,86
% Incidence of taxes (*) on the price at the pump	58,0%	60,7%	65,5%	68,9%	69,1%

Processing Studies Office CGIA on data from the Ministry of Economic Development

Mediobanca, full commitment to the Mps – Corriere della Sera

Profits beyond expectations to the highest level since 2008. It is open so the year 2016-2017 Mediobanca, with 270,7 million profits (up 11%) from July to September, the first quarter of the new fiscal year. Highest level in the last 8 years and higher than the consensus of the market equal to 155 million (on the Stock exchange, the shares have closed in the rise of'1,01% 7,01 euro with the offices of studies, from Kepler to Citi, which have revised upwards the target price of up to 7.6 euros with the board of buy). The positive trend of accounts has benefited from the growth in revenues (+4% 526 million), the interest margin (+4% to 314 million) and a reduction in the cost of risk, now at pre-crisis levels (from 141 to 98 basis points), with capital ratios stable (12.1% for the cet1 in the transitional regime, a 12.5% scheme).

“Darwinism bank”

The quarterly report incorporates for 11 million, the contribution of Cairn Capital, in the perimeter from the beginning of 2016, and, Barclays Italy, from 26 August. Among the individual divisions, the highlight is the strong growth of credit to the consumer, with a profit that goes up 65% to € 65 million, the best result ever. “Our — has underlined the chief executive officer of Mediobanca, Alberto Nagel on the sidelines of the assembly that approved the budget 2015-2016 with 605 million profit — is a story of growth. We are subject to darwinism bank. A bank survives if it fits. Mediobanca must continue to reinvent itself in the business of preserving intact its values: ethics, professionalism and transparency”.

November 17, the three-year plan

Nagel also commented on other issues: on Rcs, which publishes the Corriere della Sera), of which Mediobanca has 6.2%, for Nagel the victory of Cairo “is an outcome as positive. We will work with the new property, and if there is going to propose a merger with Cairo we will evaluate, in a constructive spirit”. As to the Mps, is “large, systemic, is the third Italian bank — it was the reasoning of the ceo of Mediobanca, Jp Morgan is advisor to the institute of Siena — and the work done until now makes me be positive: it is very important for Mediobanca, and not only, give a contribution as committed as possible to the Mps”. On General was confirmed in the intention to reduce the fee (from 13,04%) of 3 percentage points, waiting for the courses to correct (yesterday, AM Best has confirmed the rating Fsr of the General, excellent). Finally, the three-year plan of Mediobanca will be presented on 17 November.

October 29, 2016 (change the October 29, 2016 | 09:51)

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The manoeuvre has been sent to the Quirinale – The Republic

the ROME - As he had assured the president of the Council Matteo Renzi, the Budget law, after the stamping of the Accountant general of the State, was sent to the Quirinal by the end of the week. You learn in the environments of the majority. The text, that the Loop anticipates, is more “dry”: from the 122 articles of the first draft circulated to the 104 items in all. Now the maneuver is to be examined by the president of the Republic, Sergio Mattarella. After his signature for transmission to the Rooms, it will be screened first at Montecitorio.

Here is a summary of the main measures:
Almost 2 billion investment fund-the development: the birth of the new fund ($ 1.9 billion in 2017) for interventions that go from the road to the hydrogeological instability of the public buildings, schools included, to the prevention of the seismic risk.

From the Voluntary Bis 1.6 billion or cut spending: confirmed receipts expected for 2017 by the emergence of capital. Change the safeguard clause: if the receipts do not arrive will be covered with spending cuts and no increases in excise duty.

By 2018 lottery receipts: from 2018 onwards, you will be able to participate in the prize draw with a receipt ‘talking’ – to the tax code of the customer – issued from the broadcaster’s Revenue for electronic data. The measure is part of those for the fight against tax evasion.

paritarie Schools: The contribution to the paritarie schools which accept pupils with disabilities, is fixed to 24.4 million euros per year. The motherly matching should be 25 million.

Race Superenalotto: early, the race of the Superenalotto, the base bid 100 million. Also confirmed the reorganization of the system of concessions in the maturity of the frequencies BONUS

Mothers and kindergartens: From the first of January 2017 are entitled to a bonus of 800 euro to the mom-to-be. And thousand euros a year are expected to pay the nursery for those born from the first of January 2016. Extension of one year for parental leave compulsory for fathers.

Sismabonus: The home bonus provided up to the end of 2016 is extended until 2021 for the seismic zones to the extent of 50%. The deduction rises to 70% in the case of the interventions to determine the passage to a class of seismic risk less, and 80% if the step is a two classes lower. Provided up to 600 million in 2017 for the reconstruction.

Ecobonus: The ecobonus is renewed throughout 2017, while for condominiums, up to 2021. For the condos is provided for a deduction to 70% for the building envelope and 75% to the costs for the common parts. Hotels, farm houses and accommodation facilities will have a tax credit of 50% for renovations

Furniture and appliances: Who is the recipient of the bonus restructuring will benefit next year also the bonus furniture and appliances to 50%. Spending limit to $ 10,000.

Super and iperammortamento: For businesses confirms the superammortamento (150%) for purchases by the end of 2017 or at the latest by September 2018 if the order is accepted by the end of the year and you have already paid at least 20%, excluding the means of transport, and the iperammortamento (250%) for the purchase of goods for the technological transformation and digital in key to Industry 4.0. Salt to a 50% tax credit for research and development (with a roof that goes from 5 to 20 million), and is extended until 2020.

Sme, from Iri to fee ‘to cash’: starting from 2017 arrives, the Iri for Smes and taxpayers in the simplified accounting will be applied to the regime ‘cash’ for the determination of income on which to pay taxes. Extended and strengthened the incentives for investment in start-ups and innovative Smes

Six months longer, for discount purchases at the auction: the registration tax for properties purchased at auction and resold within 5 years, no more than two) remains at 200 euros until June 2017

Fee of 90 euro: The Rai fee for the 2017 drops to 90 euro.

Stop increase local taxes in 2017: the freezing of The increases of the taxes and of the additional premises shall be extended for the whole of 2017. Skip the increase of the additional municipal rights of boarding planes.

Pensions Ape in the No-tax area 14/ma: Get the Bee, you can ask for a pension of at least 700 euro. The minimum duration of the advance is 6 months the maximum confirmed in 3 years and 7 months. Confirmed the increase in the no-tax area and of the fourteenth to the minimum.

Bee social, from nurses to truck drivers: the advance without cost can be claimed by unemployed people who have exhausted other shock absorbers for at least 3 months, who assists the spouses or relatives of first degree disabled people, people with disabilities, at least 74%, from 11 categories of heavy-duty jobs. In addition to teachers of kindergarten and builders, nurses and midwives will ask also tanners, conductors, crane, railway workers, lorry drivers, workers in the care of dependent persons, cleaning, ecological operators, and porters.

Octave safeguard esodati: Comes with the budget law, the eighth safeguard for other 27.700 esodati.

Slide Vat increase, but by 2018 up to 25%: No Vat increase of 10 and 22% in 2017. The rates are destined to rise from 2018 onwards (from 10% to 13% and from 22% to 25%).

the Bottom of health care 113 billion: The national health Fund sale of two billion share 113 in 2017

Productivity: Increase the tax relief for productivity bonuses. The taxation of 10% will be applied to amounts of up to 3,000 euros, a threshold that rises to 4,000 euros in the case of companies that involve jointly owned by the workers in the organization of the work.

Nace the bottom of Africa: this is an ad hoc fund to re-launch the dialogue with the african Countries. The funding is 200 million and it’s only expected for 2017.

The manoeuvre has been sent to the Quirinale – The Republic

the ROME - As he had assured the president of the Council Matteo Renzi, the Budget law, after the stamping of the Accountant general of the State, was sent to the Quirinal by the end of the week. You learn in the environments of the majority. The text, that the Loop anticipates, is more “dry”: from the 122 articles of the first draft circulated to the 104 items in all. Now the maneuver is to be examined by the president of the Republic, Sergio Mattarella. After his signature for transmission to the Rooms, it will be screened first at Montecitorio.

Here is a summary of the main measures:
Almost 2 billion investment fund-the development: the birth of the new fund ($ 1.9 billion in 2017) for interventions that go from the road to the hydrogeological instability of the public buildings, schools included, to the prevention of the seismic risk.

From the Voluntary Bis 1.6 billion or cut spending: confirmed receipts expected for 2017 by the emergence of capital. Change the safeguard clause: if the receipts do not arrive will be covered with spending cuts and no increases in excise duty.

By 2018 lottery receipts: from 2018 onwards, you will be able to participate in the prize draw with a receipt ‘talking’ – to the tax code of the customer – issued from the broadcaster’s Revenue for electronic data. The measure is part of those for the fight against tax evasion.

paritarie Schools: The contribution to the paritarie schools which accept pupils with disabilities, is fixed to 24.4 million euros per year. The motherly matching should be 25 million.

Race Superenalotto: early, the race of the Superenalotto, the base bid 100 million. Also confirmed the reorganization of the system of concessions in the maturity of the frequencies BONUS

Mothers and kindergartens: From the first of January 2017 are entitled to a bonus of 800 euro to the mom-to-be. And thousand euros a year are expected to pay the nursery for those born from the first of January 2016. Extension of one year for parental leave compulsory for fathers.

Sismabonus: The home bonus provided up to the end of 2016 is extended until 2021 for the seismic zones to the extent of 50%. The deduction rises to 70% in the case of the interventions to determine the passage to a class of seismic risk less, and 80% if the step is a two classes lower. Provided up to 600 million in 2017 for the reconstruction.

Ecobonus: The ecobonus is renewed throughout 2017, while for condominiums, up to 2021. For the condos is provided for a deduction to 70% for the building envelope and 75% to the costs for the common parts. Hotels, farm houses and accommodation facilities will have a tax credit of 50% for renovations

Furniture and appliances: Who is the recipient of the bonus restructuring will benefit next year also the bonus furniture and appliances to 50%. Spending limit to $ 10,000.

Super and iperammortamento: For businesses confirms the superammortamento (150%) for purchases by the end of 2017 or at the latest by September 2018 if the order is accepted by the end of the year and you have already paid at least 20%, excluding the means of transport, and the iperammortamento (250%) for the purchase of goods for the technological transformation and digital in key to Industry 4.0. Salt to a 50% tax credit for research and development (with a roof that goes from 5 to 20 million), and is extended until 2020.

Sme, from Iri to fee ‘to cash’: starting from 2017 arrives, the Iri for Smes and taxpayers in the simplified accounting will be applied to the regime ‘cash’ for the determination of income on which to pay taxes. Extended and strengthened the incentives for investment in start-ups and innovative Smes

Six months longer, for discount purchases at the auction: the registration tax for properties purchased at auction and resold within 5 years, no more than two) remains at 200 euros until June 2017

Fee of 90 euro: The Rai fee for the 2017 drops to 90 euro.

Stop increase local taxes in 2017: the freezing of The increases of the taxes and of the additional premises shall be extended for the whole of 2017. Skip the increase of the additional municipal rights of boarding planes.

Pensions Ape in the No-tax area 14/ma: Get the Bee, you can ask for a pension of at least 700 euro. The minimum duration of the advance is 6 months the maximum confirmed in 3 years and 7 months. Confirmed the increase in the no-tax area and of the fourteenth to the minimum.

Bee social, from nurses to truck drivers: the advance without cost can be claimed by unemployed people who have exhausted other shock absorbers for at least 3 months, who assists the spouses or relatives of first degree disabled people, people with disabilities, at least 74%, from 11 categories of heavy-duty jobs. In addition to teachers of kindergarten and builders, nurses and midwives will ask also tanners, conductors, crane, railway workers, lorry drivers, workers in the care of dependent persons, cleaning, ecological operators, and porters.

Octave safeguard esodati: Comes with the budget law, the eighth safeguard for other 27.700 esodati.

Slide Vat increase, but by 2018 up to 25%: No Vat increase of 10 and 22% in 2017. The rates are destined to rise from 2018 onwards (from 10% to 13% and from 22% to 25%).

the Bottom of health care 113 billion: The national health Fund sale of two billion share 113 in 2017

Productivity: Increase the tax relief for productivity bonuses. The taxation of 10% will be applied to amounts of up to 3,000 euros, a threshold that rises to 4,000 euros in the case of companies that involve jointly owned by the workers in the organization of the work.

Nace the bottom of Africa: this is an ad hoc fund to re-launch the dialogue with the african Countries. The funding is 200 million and it’s only expected for 2017.

Atlas: hypothesis fusion in the two months between Bpvi, Veneto Banca – Corriere della Sera

CREDIT INSTITUTIONS

Atlas: hypothesis fusion in two months
between Bpvi, Veneto Banca

Sent to Iorio and Carrus to prepare shared plan by the end of the year. The unions: it would be serious for employees and customers

MILAN Questio sgr, fund manager at Atlas, has sent to the board of directors of Banca Popolare di Vicenza and Veneto Banca a letter in relation to the industrial plans that will be presented by the end of the year to the Ecb, asking that they examine the hypothesis of a merger. “Under the plan is appropriate for the two banks to assess a possible scenario of the merger and identify clearly the synergies than a stand-alone”, reads the letter Quastio. Two months to develop the plan of merger. The project will work the two managing directors, Christian Carrus for Veneto banca and Francesco Iorio for the Popolare di Vicenza, together with their closest collaborators. The request of the fund, the Atlas comes to the valley of the discussions with the Ecb. Quaestio, asking to see the plans before they are forwarded to Frankfurt, it suggests the establishment of a “steering committee” composed mainly of the directors of the banks and consultants̶ 1; in order to “ensure the necessary coordination between the two banks, and between the management and the respective boards”.

“For the greater efficiency of the process we think that the plan should be prepared by management, together with consultants common to the two banks,” says Question, that asks management to report to the bod on the progress of the works “on a weekly basis given the limited time available”. In relation to the plan manager of the fund, the Atlas also suggests that “to be highlighted the extraordinary initiatives that are scheduled for 2017, aimed at re-establishing a solid foundation on which to build the industrial relaunch”. For each measure must be indicated on the “estimated impact on key capital ratios of the bank.” The plan must also contain “the details of the levers of industrial and financial measures,” which the banks intend to adopt “to ensure the sustainability of the business continuity and the ultimate return to profitability.” “We expect that the plan” containing the hyp othesis of a merger between the Banca Popolare di Vicenza and Veneto Banca “may herald a definitive break with the past and an equally definitive renewal and revival of the two institutions that you have the burden of driving”. It is how he writes Alessandro Penati, president of the Quaestio Sgr, fund manager at Atlas, to the board of directors of the two banks, in the letter with which he urged the preparation of a common plan that, in the event of a merger.

The general secretaries of the trade unions of the bank – off against the merger between Veneto Banca and Banca Popolare di Vicenza, whose “yard” was opened with the meeting. “We reiterate once again that the merger between these two institutions would create enormous difficulties between employees, because of the overlapping of the branches and the eventual summation of the two directorates-general, but also an economic loss to customers, as loans to businesses may decrease compared to the current amounts tendered,” reads a note of Fabi, First-Cisl, Uilca, Fisac-Cgil and trade Union Unity. In particular, the trade unions, if they take it, with the top management of Veneto Banca, Beniamino Anselmi and Christian Carrus, that in a meeting last October 26, “we have personally reassured” about the fact that “the merger with Popolare di Vicenza, was only one of many options on the table, and that they preferred to implement an Industrial Plan, albeit heavy, but manageable through redundancies, volunteers, and a reduction in the cost of the work.”

Maneuver: text bollinato – The Journal of Vicenza

(ANSA) – ROME, OCT 28 – Comes the text of the maneuver bollinato by the general Accounting office of the State. The text, that the LOOP is able to anticipate, is more ‘dry’ passing, with respect to the first drafts circulated, from 122 to 104 articles in all.

Y08-CN

Antitrust: WhatsApp in the viewfinder to transfer the data to Facebook – The Tyrrhenian sea

The Competition Authority and the Market has started two processes, instructors vis-à-vis of WhatsApp Inc. for alleged violations of the Code of Consumption. It reads in a note by the Antitrust authority. A first procedure is to ascertain if the american society has forced users to accept the new contractual terms, in particular the sharing of their personal data with Facebook. The other procedure is directed to ascertain the unfair nature of certain clauses.

Data from WhattsApp to Fb, the Guarantor of privacy: common Action at European level” The Competition Authority and the Market opens up a dual-appraisal, even on unfair terms. In September he was already moved to the Garante for personal data. In the center is a new policy imposed to the users of the chat green. We heard from the President, Antonello Sorointervista Anna Zippel

The first process – explains the note of Authority – is designed to ensure that the american society has forced users of WhatsApp Messenger to fully accept the new contractual terms, in particular the sharing of their personal data with Facebook, making them believe, with a message visible when you open the application, which would have been otherwise unable to continue in the use of the application itself.

“The conditioning effect – according to the Antitrust authority – has, moreover, strengthened by the prespuntatura affixed to the option ‘Facebook’ on a screen of the second level at which the user accessed, by the main message, using the special link”. The other procedure of investigation is directed to ascertain the unfair nature of certain clauses in the ‘Terms of use’ WhatsApp Messenger concerning, in particular, the right of unilateral changes of the contract by the company, the right of withdrawal is determined solely for the professional, the exclusions and limitations of liability in its favor, the unjustified interruptions of the service, the choice of jurisdiction on disputes which, today, is established exclusively in american Courts.

Codacons, ready to class action lawsuits against WhatsApp If they are make sure the offences hypothesized by the Antitrust authority, the Codacons launch a class action against WhatsApp, aimed to give Italian users the compensation for the infringement of the rights of consumers. This was stated by the association, commenting on the two cases open against the american company for alleged violations of the Code of Consumption.

“If the Authority is to ascertain the violation of the regulations on management of personal information and the unfair nature of certain clauses in the ‘Terms of use’ WhatsApp Messenger, it would be obvious the infringement of the rights of consumers who use the service – says the president Carlo Rienzi – This would pave the way for a possible class acton of the Codacons, which aims to get users who have installed WhatsApp to the compensation of the damage suffered, in the appropriate legal channels”.

Data from WhatsApp to Facebook, twin the investigation of Antitrust – The Sun 24 Hours

Exactly a month ago, was the Guarantor of Privacy. Today, however, it is up to the Antitrust. The marriage of data celebrated at the end of August, thanks to which Facebook has access to new information from the accounts you WhatsApp, is back in the sights of the Italian authorities. And this time, the binary of the investigation was a double, co to the Authority Guarantor of Competition and of the Market that it has initiated two proceedings of the instructors in respect of "WhatsApp Inc.", california-based company owned by the group, Facebook Inc., for “alleged violations of the Code of Consumption”.

Data from WhatsApp to Facebook, the Guarantor asks for clarity

With the first process, the Antitrust authority wants to check “if the american society has forced users of WhatsApp Messenger to fully accept the new contractual Terms, in particular the sharing of their personal data with Facebook, making them believe, with a message visible when you open the application, which would have been otherwise unable to continue in the use of the application of the same’. According to the Authorities, with headquarters in Piazza Verdi, in Rome, “the conditioning effect has, moreover, been strengthened by the prespuntatura affixed to the option “Facebook” in a screen of the second level at which the user accessed, by the main message, using the special link”. The whole system, in short, would have been created in a way to make it very difficult for the user, the denial of this combination of data.

WhatsApp change your privacy and give you our number to Facebook

But not over here. The competition Authority, in fact, has opened a second process by which to ascertain “the unfair nature of certain clauses included in the “Terms of use” WhatsApp Messenger concerning, in particular, the right of unilateral changes of the contract by the company, the right of withdrawal is determined solely for the Professional, the exclusions and limitations of liability in its favor, the unjustified interruptions of the service, the choice of jurisdiction on disputes which, today, is determined exclusively in the Courts the americans.”

The above of the Guarantor
hard Punch, in fact. And this is yet another low blow to the galaxy Facebook, call to clarify – once again – a move that a couple of months ago he surprised a bit’ all. With an update of the terms of service, in fact, the August 25, WhatsApp, communicated to its users that after 4 years it was time for a change. And that, thanks to new settings, Facebook was able to offer “best suggestions” and show the “ads more relevant”. An operation with the clear purpose of marketing that made use of the laziness of the average user, usually little inclined to enter into details of the changes to a service that still like it and it works. Something, however, went against the plans of Zuckerberg and associates. The Guarantor for Privacy before, and the Antitrust authorities have now opened investigations to shed light on this combination of data. And it is conceivable that this battle is only the beginning.

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Eni in loss of 484 million in the third quarter due to the mini-oil – Sun 24 Hours

Eni has closed the third quarter of the year with a net loss of 484 million euro and 9 months of the year with a loss of 1.39 billion. This was announced by the group in a note stating that the loss adjusted is equal to 0.48 billion in the quarter and 0.80 in the 9 months. The adjusted operating income, a decrease of 66% to 0,26 billion in the third quarter and a decline of 73% to 1.03 billion in the 9 months. The decrease, explains the note, is due to the effects of the worsening of the scenario and of the stop of the Val d’agri. Hydrocarbon production has registered a growth of 0.4% in the third quarter-to 1.71 million barrels/day and of 0.5% in the first nine months.

By 2020, the goodbye to fuel “dirty” in the navigation

If we exclude the firm in Val d’agri, of portfolio transactions and the effect on prices of petroleum contracts, according to the group, the progress is 2.2% in the quarter and 1.6% in the nine months. Confirmed guidance for the year 2016 to a level of production substantially stable compared to 2015, in spite of the firm of Val d’agri. The chief executive officer, Claudio Descalzi, in commenting on the results, said that “the strategies and goals of the group, including the disposals, are confirmed” and listing some steps forward in the upstream has assured that “it will be reinforced by the fourth quarter of cash generation”.

The first twenty Italian companies. Fca always first

The adjusted operating income for the nine months, says the note, recorded a decrease of 2.82 billion (-73%) due to deterioration of the scenario (-3,3 billion euro) and of the stop of the Val d’agri. The lower costs and the efficiency measures put in place to counteract the negative scenario have brought a benefit of 1 billion. In the third quarter in worsening the results of the R&M and Chemical (-0,16 billion, or 48%) for the effect of one scenario, refining margins, and the commodity is less favourable compared to the previous year and competitive pressure, whose effects were mitigated by the initiatives of efficiency and optimization. The G&P has reduced of 20% in operating loss compared to the third quarter of 2015, penalized by the economic effects of the make-up gas. The net financial debt at 30 September 2016 is eur 16,01 billion, with a reduction of 0.86 billion compared with 2015. This variation determines the effect of the net cash flow from operating act ivities of 4,43 billion, the closing of the transaction Saipem with net proceeds of 5.2
billion and other disposals of 0.6 billion stake in Snam for the effect of the exercise of the conversion right by the bondholders and the activities of fuel distribution in Eastern Europe). Compared to June 30, 2016, the net financial debt is an increase of 2.19 billion.

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Italy responds to Eu: “The deviation due to the earthquake and migrants” – The Republic

the ROME. Dear Valdis, dear Pierre. So begins the letter of response of Italy to the observations that raised Tuesday from Brussels on the budget law approved by Italy. The reference is to Dombrovskis and Moscovici, the guardians of the accounts of the european, respectively the commissioner for the euro and for economic affairs. Not too happy with the excess of the deficit prompted from Rome and covers one-off to manoeuvre. Well, now the minister of the Economy Pier Carlo Padoan responds point-by-point, justifying the deviations from the Italian with the two emergencies of these months and days: earthquakes and migrants. And asking on the fact that Europe is a tolerance on the accounts for 7 billion.

special Charges. “outside of considerations on the economic cycle, the change in the target on the 2017 compared to the stability programme of the 2016 is largely explained by the extraordinary costs related to the risks on immigration and seismic”, it reads in the message, in English, of four folders two graphs, and tables. To this is added that the Italian economy still lives in the cyclical conditions of difficulty, and this suggests “a more gradual adjustment towards the medium-term objective remains the tie structural to 2019″.

Money urgent for schools. “Italy in 2017 will incur substantial expenditure for relief and reconstruction related to the earthquake, for a total of 2.8 billion euros”, writes a Novel. Resources that will also serve to put in safety “42,000 schools, of which about 30% are in need of structural repairs or to be completely rebuilt”. A reality even more evident a few hours after another terrible earthquake that struck central Italy, after that of 24 August. In other words, in the frequency of destructive earthquakes” and “the suffering they cause to the Italian population” to justify the excess of the deficit is not agreed, needed to finance an “additional plan” ad-hoc. The cost for the incentives antisimici to be inserted in the manoeuvre, calculates the minister of the Economy, is estimated at 2 billion. Between public investments on schools, buildings and infrastructure and investment incentive of the private yo u come to a commitment to “close to 0.2% of Gdp, thus more than 3 billion, it said in the letter to the Eu.

extra Resources to the migrants. The costs of rescue operations of migrants, first aid and health care, protection and education for more than 20 thousand unaccompanied minors are estimated to be 3.3 billion euro in 2016 (net of Eu contributions) and in 3.8 billion (0,22% of Gdp) in 2017 in a scenario that is stable. But in the letter of response to the Eu, the government fears that spending may rise by up to 0.24% of Gdp, i.e. 4.2 billion. On the other hand – is the reasoning – “the number of migrants arriving in Italy in 2016 is more than three times that of 2013, and even more up-to 2011-2012, the period following the Arab Spring. In addition, the effort of Italy is started before the other Eu countries, visa is facing unprecedented pressure from 2014 because of the libyan conflict”.

Record of foreign nationals welcomed. For these reasons, “the costs should not be evaluated in one scenario the annual, but relatively, to the situation that Italy would live if it were not for the external border of the Eu”. As of October 26, have already been saved to 156.705 migrants, more than the whole of 2015. And among other things, the Italy – note the government – does not include in the calculation of these outputs, “the additional cost of the social integration of foreigners welcomed. “Allow me to emphasize insists in the Novel – that our estimates are very low when compared with the proposals of other countries”, in their respective operations.

Clothes, and shelter. The ministry of the Economy goes down then in the details to justify the expense of migrants. And attach the charts and tables very detailed, and to show visually the explosive impact of this item on public accounts in the last three years. “Most of the costs are linked to the rescues in the sea, to the identification, to shelter, to clothes, to food, to the operational costs and depreciation of ships and aircraft”. Without forgetting the nature of the country the transit of Italy, which reduces “the economic benefits in the medium-long period by an enlargement of the work force”.

Change counts. You must also change the rules of the counts, suggests Padoan. “There is an urgent need to respond to the concerns regarding the uncertainty on the estimates of the output gap and the coherence of strategies and policies related to”. In other words: we use a different way to measure the potential of the individual countries. Because “if we base the analysis on fiscal policy the Italian on estimates of potential growth alternatives, the budget strategy to 2017 would appear under the light of the well-different.” And you could avoid bacchettate of Brussels.

Investments and referendum. In the text of the Italian response to criticism from the Eu appear, finally, references to the plan of reforms and investments, brought forward from Italy. And it includes the constitutional referendum of December 4, “the impact on the economy can be significant.” These are the structural reforms mentioned are: labour market, public administration, banking and insolvency, competition, criminal code, tax, and merger between Equitalia and revenue Agency.

The response of Padoan to the Eu: ‘Variance explained by the earthquake and migrants’ – LOOP.it

“outside of considerations on the economic cycle, the change in the target on the 2017 compared to the stability programme of the 2016 is largely explained by the exceptional costs linked to the risks on immigration and seismic“. And’ as it reads in the response of the minister of the Treasury, Pier Carlo Padoan, addressed to the Eu commissioners Dombrovskis and Moscovici, in regard to the remarks in Brussels on the new Budget law, which have focused just on the Italian request of the largest margins of expenditure to cope with the emergency migrants, and to the safety of the area post-earthquake.

With the manoeuvring face “events with exceptional measures for the earthquake and the migrants: on this last point, the effort in terms of investment is enormous, and it is to the benefit of Italy, but also and above all of Europe”, had already explained the minister of the Economy Pier Carlo Padoan.

“The Italian economy is growing in a difficult context, the debt continues to come down,” and “in this context, the policy of the government continues in the narrow road to support the development and consolidation of the budget set by the high level of debt”. With “limited resources”, he added, the quality of the measurements is even more important than the quantity.”

“Despite the efforts made at the global level for solid growth, sustainable and balanced”, it still does the minister of the Economy, the “economic outlook remains weak and exposed to significant downside risks”. In Europe, therefore, the growth remains “significantly below expectations”.

According to the minister, “in the face of a context of weak growth and “uncertainty”, with the Eu is “in crisis of credibility” that “is required in the Eu and in Italy a growth strategy-coordinate, essential to dispel the uncertainty.”

Padoan has confirmed, then, that the law of the budget, which will be sent shortly in Parliament, continues in the action of re-launching public investment” and “supports the growth”.

With the Budget law “in a context of fierce competition for the creation of quality human capital – said the minister – reinforcing the reasons to choose Italy, for example, introduce incentives such as exemption to 90%” of the income subject to Tax “for the researchers and 50% for employees, managers and self-employed move to Italy in his residence.”

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