Domenica 21 Aprile 2019 | 22:41

NEWS DALLA SEZIONE

Crotone
INPS official hospitalized for stress after comments outcry

INPS official hospitalized for stress after comments outcry

 
Rome
Half of basic income payments 300-700 euros - INPS

Half of basic income payments 300-700 euros - INPS

 
Rome
PD chief calls on Salvini-Di Maio to quit for snap vote

PD chief calls on Salvini-Di Maio to quit for snap vote

 
Rome
Italy-France working for Libya ceasefire - Moavero

Italy-France working for Libya ceasefire - Moavero

 
Catania
Jail breaker caught near Catania

Jail breaker caught near Catania

 
Rome
League in capital says it is against 'Save Rome' measures

League in capital says it is against 'Save Rome' measures

 
Rome
League in capital says it is against 'Save Rome' measures

League in capital says it is against 'Save Rome' measures

 
Rome
Cantone suggests Salvini is wrong on Siri case

Cantone suggests Salvini is wrong on Siri case

 
Venice
Elderly man stabs wife to death in Venice

Elderly man stabs wife to death in Venice

 
Turin
Soccer: Champions regret but great season - Allegri

Soccer: Champions regret but great season - Allegri

 
Rome
75 kids among 240 killed in Libya conflict - doctors

75 kids among 240 killed in Libya conflict - doctors

 

Il Biancorosso

IL COMMENTO
Il primo gradino di una scalache porta molto più in alto

Il primo gradino di una scala
che porta molto più in alto

 

NEWS DALLE PROVINCE

BatLa sentenza
Trani, barca affondata nella darsena: Comune pagherà i danni

Trani, barca affondata nella darsena: Comune pagherà i danni

 
BariL'analisi
Bari, La Zona industriale grande assente dal dibattito elettorale

Bari, la Zona industriale grande assente dal dibattito elettorale

 
LecceIl caso
Lo operano per un'ernia, gli tolgono un testicolo: risarcito

Lo operano per un'ernia, gli tolgono un testicolo: risarcito

 
FoggiaSpaccio
San Severo, la droga tra i panini: arrestato un fornaio

San Severo, la droga tra i panini: arrestato un fornaio

 
PotenzaLa nuova giunta
Regione Basilicata, Laguardia verso la vicepresidenza

Regione Basilicata, Laguardia verso la vicepresidenza

 
MateraDai Carabinieri
Ferrandina, spacciava in circolo ricreativo: arrestato 27enne

Ferrandina, spacciava in circolo ricreativo: arrestato 27enne

 
TarantoSanità
Taranto, 4 anni per avere una diagnosi: denunciata la Asl

Taranto, 4 anni per avere una diagnosi: denunciata la Asl

 
BrindisiCuriosità
Ponte festività, i vip nel Brindisino: ecco gli arrivi e i «ritrovi»

Ponte festività, i vip nel Brindisino: ecco gli arrivi e i «ritrovi»

 

Rome

No deficit spending for tax cuts, spread will weigh says BoI

Agrees with DEF picture, 'considerable risks'

No deficit spending for tax cuts, spread will weigh says BoI

Rome, April 16 - There should be no deficit spending to fund tax cuts in next year's budget, the Bank of Italy said Tuesday. Reporting to parliament on the DEF economic blueprint, BoI chief economist Eugenio Gaiotti welcomed the government's decision to review tax expenditures. Overall, he said the BoI agreed with the DEF's general picture of the economy. He said "it is subject to considerable risks, that may come from a worsening of the global context and from a more accentuated deterioration of business confidence". Gaiotti added that it will take "considerable financial cover" to reach the government's policy targets including deactivating a VAT 'safeguard clause', investments, tax cuts and debt reduction. Without VAT hikes, he said, the budget deficit will be 3.4% next year, 3.3% in 2021 and 3% in 2022. The Italo-German bond-yield spread will weigh 0.7% on GDP if it stays at its current high levels for the next three years, the central bank warned. BoI chief economist Eugenio Gaiotti, briefing parliament on the government's DEF economic blueprint, said the high spread would "cut growth by 0.1 percentage points in a year and 0.7% in three years". "The elevated spread will continue to have a negative effect, and a growing one, on the years after 2019," he said. He complained that the government had not supplied information on alternatives to hiking VAT in the so-called financial 'safeguard clauses'. The parliamentary budget office (UPB), meanwhile, said the DEF programme was "valid" but the "macro-economic scenario remains conditioned by strong risks, prevalently oriented on lowering conditions, which prompt caution in forecasts".

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