Domenica, 21 Ottobre 2018

Stability law needs some improvement, PD's Bersani says


Rome, Oct 24 - A leader of one of the two main
political parties backing the technocratic government of Italian
Premier Mario Monti said Wednesday that a proposed, new budget
law needs some improvement.
After a meeting with Monti and Economy Minister Vittorio
Grilli, during which the the proposed 'Stability Law' was
outlined, Pier Luigi Bersani, head of the left-leaning
Democratic Party (PD), broadly offered support but added that
there were some ''defects'' which, ''through a dialogue with the
political forces'' could be ironed out.
''Modifications are possible, keeping the same bottom
lines,'' Bersani said, referring to the government's efforts to
get the country's fiscal house in order even as it seeks to
lighten the tax burden.
''This government, it has to be remembered, is trying to
modify promises made by others. It's not easy for anyone,'' he
The PD is part of a cross-party majority - whose biggest
member is ex-Italian premier Silvio Berlusconi's People of
Freedom (PdL) party - that is supporting Monti's government as
it grapples with getting Italy's public finances under control.
However Bersani said further cuts to schools were not
acceptable and said more efforts had to be made to help the
working class.
''Schools have already been hit; we have to stop to reason
on how to achieve a well-made reform".
Bersani also added that any tax relief must focus on the
middle and working classes, and suggested eliminating some tax
The PD, like the PdL, is also against current plans for
lowering the bottom two tax brackets by 1% in exchange for a 1%
VAT hike.

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