The Italian government has decided to promise the implementation of two Central choice. This is the so-called citizens ‘ income and pension reform, in particular, contribute significantly to the higher state deficit in the country. The minimum income will improve the lives of the five million Italians who lived in poverty, said the head of the Five-star movement, Luigi Di Maio. “This is a government that keeps its promises,” said the Prime Minister, Giuseppe Conte. The Parliament now has to approve within two months the proposals.
The lower retirement age is to apply from April for Employees in the private sector and from August for public servants. This year alone the government expects to see in Rome, with a cost of four billion euros, and by 2020 it is expected to be eight billion euros. The withdrawal of the pension reform of 2011 was an important election campaign promise of the right-wing Lega of Deputy head of government, Matteo Salvini.
citizens income is called the minimum income that the government sets seven billion euros, was one of the key election promises of the Five-star movement. It is provided that the unemployed, poor pensioners and the most Disadvantaged to get on a monthly basis 780 Euro. Thus, their Survival will be secured and re-enables integration into the labour market.
Italy had quarreled for weeks with the EU Commission over its budget plans. Because of the expensive election promises, the Italian government takes a significantly higher level of borrowing than the previous government and said it was only under pressure to limit the budget deficit target of 2.4 to 2.04 percent. The country has a deficit procedure was threatened by the Brussels authority. The main point of criticism are the debt of 131 percent of economic output. Of all the countries in the Eurozone, only Greece is on a lower rate.
