“Inappropriate” government policy. Gathered in Rome on September 30, the CGIL’s general management said that the Finance Act presented to the social partners was “inappropriate.” It mostly points to the fact that the funding of government anti-crisis measures are related to income coming from the very controversial “tax cap” added to the decree amending the anti-crisis act, approved last week by Parliament (the 25th in 17 months for the government). The “cap” provides for facilities to bring back to Italy capitals “illegally exported” with fines amounting to 5% of the amounts declared and the guarantee that capital holders will remain anonymous. The CGIL says this measure is “scandalous” because it fails to punish many wrongdoers. Pointing out that Italy is the last G20 country in terms of resources put into the crisis, “hardly 1% of total expenditures,” the CGIL warned that, in the absence of appropriate measures, the employment crisis will keep worsening and unemployment could reach 10.5% in 2010, as foreseen by the OECD.
ndalous” because it fails to punish many wrongdoers. Pointing out that Italy is the last G20 country in terms of resources put into the crisis, “hardly 1% of total expenditures,” the CGIL warned that, in the absence of appropriate measures, the employment crisis will keep worsening and unemployment could reach 10.5% in 2010, as foreseen by the OECD.
CGIL claims. The largest Italian union therefore demands an emergency change and request, among other things:
- The creation of a task force within t
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