Italian Government owes 10 Billion euros for medical and pharmaceutical purchases
Italian government owes about 10 million euros for drug supplies and high tech medical devices alone, according to pharmacies and pharmaceutical companies statements.
Category Archives: Economy
Italian Banks not paying back LTRO loans
The graph below, realized by analysts of Barclays, shows that italian banks did not pay back the three-years loans provided by ECB through the Long Term Refinancing Operation (LTRO).
Grillo’s Movement will reach more and more voters
Finally, the President of the Italian Republic Mr. Napolitano has decided what to do: essentially nothing. He gave a so-called “explorative mandate” to the Democrats’ leader Pierluigi Bersani; so, he has to interview the other parties in order to understand … Continue reading
Posted in Economy
Tagged anti-political, Berlusconi, Democrats, Grillo, italy, Movement, Politics
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Italy’s Statistics Make It Look Like a Third World
Italy may be rich in cultural heritage and boast the seventh largest economy in the world, but the country’s social statistics are more in line with those of a developing third-world nation. By almost every standard of measure in sectors … Continue reading
Political line-ups, divided by programmes
Nowadays, in Italy, there are three different political movements, if we classify them by programmes and not by parties and/or alliances: Liberals, with a plan made by cuts and liberalisations; Conservators, who want to maintain the status quo by increasing … Continue reading
ThyssenKrupp, 5 years later
There is a ThyssenKrupp Case. The CEO of a German multinational, with a German surname, has been sentenced to 16 and a half years in prison for first grade murder “with indirect intent” of seven workers employed in an Italian … Continue reading
Why do we always choose status quo in Italy?
There is anything to do: if Italians come to a choice between two people, they tend to favour the one whom ideas are the most distant from liberalism; the one who is more keen on maintaining the status quo; the … Continue reading
Back to Bersani, Patrimonial Tax and old apparatus win
Many of us had been hoping about it, very much so. Nevertheles, Matteo Renzi lost. He’s been brave, raising two outstanding issues; the urgency to cutover from old leadership, legacy of the twofold cultural and political as well as organizational direct … Continue reading
Mayor of Cantù: paying taxes to a crooked state is immoral
Note: This is the letter the Major of Cantù, Claudio Bizzozero, sent to their citizens some weeks ago. “I’m writing this letter to all of you because five months after my election as mayor of our city, today I’m more … Continue reading
Senate says no to reduce the parliamentarians salaries. Did you have any doubt?
It was to be expected. The strange majority-minority committing themselves from time to approve the reduction of the parliamentarians salaries, have rejected in the Industry Committee of the Senate the amendment of the development decree aimed at reducing the “honorable” salaries … Continue reading
Posted in Economy, News
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‘State of war’ against tax evaders (also known as producers!)
People act in the world trying to live the better they can. Maybe they do not succeed in it, but this is certainly their goal. Each of us has a subjective concept of it, but the need of reaching it … Continue reading
Mario Monti and his so false “praise” to the Italians
Professor Mario Monti has spoken: “The pedagogy is natural for a teacher, is the only weapon I have. And I have a greater obligation to explain than others. In this country the subjective reasons: no one chose me, but I have to tell the Italians that if I … Continue reading
ReddiTest (IncomeTest)
[Note of Italian Allegro Editorial Staff: Yesterday we published a post about ReddiTest, a new software launched by the tax agency which measures Italian spending against reported income. Check it if you didn't yet.] There was no income tax at … Continue reading
Posted in Economy
Tagged Civilization, Death, IncomeTest, italy, ReddiTest, Taxation, Usemlab
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The ghost of Keynes roams Europe
One of the serious problems of this unfortunate country is represented by the dominant presence of a Keynesian economic culture, by which is dogmatically believed that the only way to recovery growth and development comes from a continuous state intervention … Continue reading
Posted in Economy
Tagged Adam Smith, Emigration, Europe, Government, Invisible Hand, italy, Keynes, Sapelli
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In Minister Grilli’s mind, what you earn is property of the government
Vittorio Grilli can’t keep quite any longer: “There’s a 5.5billions net wealth increase flowing in the wallets of Italians, among lower deductions and decreasing tax rates”. The “Stability Law”, a law bill (although not entitled to full fledged bill status) … Continue reading
Posted in Economy
Tagged Government, Grilli, Income, italy, Private Property, Stability Law, Taxes
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Children, learn the Anthem!
Politics is also creation of myths, and when there’s nothing to mythologize we try to instill some sense of sacredness. Therefore in Italy they have decided to teach the national anthem to all children. I’d like to explain few things … Continue reading
Posted in Economy
Tagged Anthem, Brainwashing, Children, italy, Nationalism, Politics
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Grillo: a hurricane on Italy’s political system
The hurricane called Grillo has recently hit Italy and now is sweeping away everything on its way, while the big national parties are desperately trying to hold their ground, hoping that it could be enough to contrast it and to … Continue reading