Giulio Tremonti News
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Enrico Letta’s government is poised to be installed starting today, as the end of two months of political turmoil in Italy was marred by the shooting of two policemen outside the prime minister’s office in Rome.
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Italy’s finance minister Giulio Tremonti has a new weapon to pursue tax cheats in a country starving for revenue : a former HSBC Holdings Plc employee now in police protection in France.
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Italian Prime Minister Silvio Berlusconi held talks today with Finance Minister Giulio Tremonti for the first time since Tremonti skipped a parliamentary vote to block the arrest of the finance chief’s former top aide.
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Prime Minister Silvio Berlusconi ’s government passed a 10-point plan aimed at spurring investment and growth without increasing public spending, Finance Minister Giulio Tremonti said.
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Finance Minister Giulio Tremonti said Italy will seek to ease labor market laws, sell local services and possibly raise the capital-gains tax to balance its budget and secure European Central Bank support for its bonds.
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Italian Finance Minister Giulio Tremonti said the European Union’s governing treaty may have been rendered obsolete by the financial crisis and the impact of globalization and a new agreement should be considered, Ansa news agency reported.
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The European Central Bank’s reluctance to buy Italian bonds is discouraging demand for the country’s debt, Finance Minister Giulio Tremonti told reporters, according to Radiocor newswire.
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The Italian Treasury should try to reduce its dependence on foreign investors and exploit the private savings of citizens by selling them government debt, former Finance Minister Giulio Tremonti said.
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Pope Benedict XVI’s life began in a picturesque Bavarian hamlet near Adolf Hitler’s birthplace. He will see out his days at a small Vatican monastery called “The Mother of the Church.”
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Italian Finance Minister Giulio Tremonti said Italy’s budget shortfall is likely to be lower than government targets in 2011 and 2012 because its program of spending cuts have been speeded up, the Wall Street Journal reported, citing an interview.
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