Domenica, 21 Ottobre 2018

Property tax solution expected by mid-August, says govt


Rome, July 4 - A solution for the unpopular
property tax called IMU will be hammered out by the summer
recess that starts August 15, Italian government sources said
during coalition meetings on Thursday.
Italian Premier Enrico Letta is meeting members of his
coalition for talks on key reforms and to attempt to smooth over
internal battles threatening to destabilize his unprecedented
left-right government.
Letta, who was sworn in on April 28 at the helm of a broad
left-right coalition government, has vowed to boost growth while
maintaining the deficit below the EU's ceiling as the country,
the eurozone's third-biggest economy, is struggling with its
longest recession in over two decades.
But Letta's executive looks fragile and its efforts to
lift Italy out of its longest recession since World War II have
been hampered by divisions between the PD and the PdL.
Indeed, Letta's predecessor Mario Monti said Sunday that
his small Civic Choice party would withdraw its support for the
government if it fails to move up a gear.
Although Monti's party is not big enough to sink the
administration, the threat is seen as indicative of its

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