The Chairman of the Parliamentary Budget Office (PBO), Giuseppe Pisauro, testified today at a joint session of the Budget Committees of the Senate and Chamber of Deputies as part of the preliminary consideration of the 2019 Economic and Financial Document (EFD) published on 10 April by the Ministry for the Economy and Finance (MEF). (more…)
The deceleration experienced by Italy during 2018 has left its mark. But after two quarters that had raised the spectre of recession, the Italian economy ‑ according to the April Report on recent economic developments – is displaying the early tentative signs of recovery. (more…)
The 2019 Budget Act modified the budget balance rule for local authorities, making it possible from this year to use extensively budget surpluses from previous years and resources raised from new borrowing for additional spending. The Focus Paper “Spendable surpluses of local authorities under the new budget balance rules” (more…)
