The Limited Times

Gualtieri, 'The VAT cut is cyclical, let's see'

6/24/2020, 4:24:26 PM


'Government goal is to reduce labor costs' says economy minister (ANSA) "We are structurally analyzing all the various elements, the government's goal is to reduce the cost of labor, then just recently we canceled all the safeguard clauses by eliminating the VAT increases . Now from a macro point of view there are cases such as that of Germany that has considered it appropriate to lower VAT. But it is a cyclical intervention,for a few months and for some categories I...

 "We are structurally analyzing all the various elements, the government's goal is to reduce the cost of labor, then just recently we canceled all the safeguard clauses by eliminating the VAT increases . Now from a macro point of view there are cases such as that of Germany that has considered it appropriate to lower VAT. But it is a cyclical intervention,for a few months and for some categories It is a possible intervention that must be distinguished from structural interventions. We are evaluating all possible short-term interventions. We are looking at all the options, including this one. A debate has come to life that has amused us all. The government examines all the scenarios and then makes decisions. "Economy Minister Roberto Gualtieri said it during the conference" Objective relaunch - Special Telefisco - Videoforumedition "organized by Il Sole 24 Ore.