Martedì, 23 Ottobre 2018

Senator says government should pay business by end of 2014


Rome, May 30 - The Italian government should be
able to pay all its outstanding debt to businesses by the end of
next year, a member of the Senate budget committee said
The Italian government owes about 40 billion euros in debt
to businesses, and repaying that has been seen as important to
providing the recession-plagued economy with a shot-in-the-arm
of liquidity.
The plan for debt pay-down by the end of 2014 was announced
by Antonio D'Ali, leader of the People of Freedom (PdL) party on
the Senate committee.
The committee also announced that Italian municipalities
have been given another six months of breathing room before they
must begin to collect their own taxes.
Municipal governments must become autonomous in tax
collection as of Jan.1, 2014 and not the end of next month, as
had been expected.

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