n July, Silvio Berlusconi, Italian Prime Minister and a master of escape, lit the first spark of market panic about the public debt in Italy, promising to reduce the already small package of measures to reduce the deficit. He had to backtrack because of the riots. But the threat, which he puts a single currency, emerged when he was involved the finances of the country into further chaos, breaking through in the last two budget plans gap of 4-5 billion euros. These plans were created in order to pull the country out of the predicament in which it is the last couple of months. Italy was faced with two problems, and subjected the single currency more at risk than any other peripheral euro area countries: support for Italian bonds by the European Central Bank, which since mid-August they bought some $ 30 billion euros, as well as a plan to reduce the budget deficit at 45.5 billion euros to be executed in exchange for the ECB. When Berlusconi made the announcement on 12 August, investors have decided that in addition to strange amendment, the same plan will be presented before Parliament. But in Italy, nothing is immune from change, and 29 August Berlusconi modified package, giving up what he liked least of all - additional tax for the richest Italians by the private sector. (Embarrassed, multimillionaire president of Ferrari, Luca di Montezemolo, has offered to pay more tax, saying: "You must begin to ask about the most wealthy people"). Berlusconi has reduced the amount that should have been to local mayors and governors, to ease their anger.Pasatelnaya boat for release
n July, Silvio Berlusconi, Italian Prime Minister and a master of escape, lit the first spark of market panic about the public debt in Italy, promising to reduce the already small package of measures to reduce the deficit. He had to backtrack because of the riots. But the threat, which he puts a single currency, emerged when he was involved the finances of the country into further chaos, breaking through in the last two budget plans gap of 4-5 billion euros. These plans were created in order to pull the country out of the predicament in which it is the last couple of months. Italy was faced with two problems, and subjected the single currency more at risk than any other peripheral euro area countries: support for Italian bonds by the European Central Bank, which since mid-August they bought some $ 30 billion euros, as well as a plan to reduce the budget deficit at 45.5 billion euros to be executed in exchange for the ECB. When Berlusconi made the announcement on 12 August, investors have decided that in addition to strange amendment, the same plan will be presented before Parliament. But in Italy, nothing is immune from change, and 29 August Berlusconi modified package, giving up what he liked least of all - additional tax for the richest Italians by the private sector. (Embarrassed, multimillionaire president of Ferrari, Luca di Montezemolo, has offered to pay more tax, saying: "You must begin to ask about the most wealthy people"). Berlusconi has reduced the amount that should have been to local mayors and governors, to ease their anger.