• Conte: "Ok to anti-evasion plan, but also to reduce bureaucracy. We bring Italy into the future"
  • EU, ok of the Chamber with majority resolution on communications Conte
  • Maneuver, ok to dl on tax and budget "subject to agreements". Satisfied count: avoided VAT increase
  • Matteo Renzi's tenth Leopolda. "It will be back to the origins. Count? Rating goes up but GDP goes down"

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October 18, 2019 "There is a parliamentary procedure and we must respect the opinions but I trust that the President of the Council will maintain this intrinsic consistency". Prime Minister Giuseppe Conte said at a press conference in Brussels at the end of the EU summit, where, however, the prime minister underlined that the maneuver "here is not mentioned". "Bringing the cash threshold from three thousand to two thousand euros - he highlighted - does not seem to me to be a message of criminalizing someone, we are not disadvantaging anyone". The premier also pointed out that "some estimates accredit an underground economy of up to 100 billion, a crazy figure. I do not say we can recover everything, but even a part means realizing concrete promises to make all citizens pay less taxes" . Conte then reiterated that "there are two possibilities. Criminalize or incentivize, so that the underground economy can emerge. We have chosen the second path".

"We will reduce commissions on digital payments"
"We took care in time to work with all the financial intermediaries because this digital payment method is not penalizing for the commissions. I talked to all the main operators and they will be an integral part of the game. We will go to zero or significantly reduce the commissions", stated Conte.

Quote 100 pillar of the maneuver
"There is a hundred percent, it is a pillar of the maneuver". Thus the premier replies to the declarations of Matteo Renzi that on the occasion of the opening of Leopolda announced the decision of Italia Viva to vote "an amendment to cancel Quota 100 and give that money to families and salaries: let's see what others will do" .

"Agreement with Libya? We will evaluate whether to renew it"
With regard to the migration crisis, the prime minister said: "We will sit around a table and evaluate. We must at the same time ensure the containment of migratory flows but also respect for migrants' rights", referring to the agreement between Italy and Libya which is expiring and must be renewed. "We will assess what the best situation is," Conte said in response to questions on the Italy-Libya memorandum in light of news on the behavior of the Libyan Coast Guard on people saved at sea. "We must contain migratory flows because we cannot but contain them - said Conte - but at the same time with full respect for the rights of migrants, we must ensure their rights".

Renzi: "From the Leopolda no to the tax party, cancel 100"
"Avoiding the VAT increase was and is a political duty. For families we will begin to do what until now has not been done. Minister Bonetti is very good, you will see her at work". This was said by Matteo Renzi, leader of the living Italy, in an interview with the national newspaper. Renzi also explains what does not convince him: "All the microbalzes: from sugar tax to taxes on real estate transactions. We will cancel them in the Chamber. In fact, we think of it as the Five stars. Coverage passes from cutting waste". Then Renzi goes back to challenging Quote 100: We will explain why we think that measure, which invests 20 billion in three years looking only at pensioners, is unfair: that money should go to young people, couples, families, salaries and services. We will vote an amendment to cancel Quota 100 and give that money to families and salaries: let's see what the others will do ".

Bank of Italy: expansionary measures against growth risks
The orientation of the budget policy based on the maneuver "would be slightly expansive, reflecting the cancellation of the safeguard clauses - only partially compensated with other measures - as well as other interventions". Choices that are "motivated by a less favorable macroeconomic situation than expected and by a significant downside risk". Bankitalia writes this in the Economic Bulletin.