In Italy, Giorgia Meloni wants to favor liquid

by time news
In Italy, the Court of Auditors and the Bank of Italy want to prevent Rome from directly opposing Brussels on the limitation of cash payments. REUTERS/Alessandro Bianchi

DECRYPTION – Many authorities are trying, more or less publicly, to oppose this reversal of the government which poses several risks to the country.

Rome

As electronic payments spread around the world, Giorgia Meloni’s Italy is about to back down. As part of the European recovery plan, Rome had nevertheless made a commitment vis-à-vis Europe to hunt down tax evasion by limiting cash payments and establishing a payment obligation. electronically, with administrative sanctions as a result. A commitment which even conditioned the granting of funds by Brussels. Because according to the last score of 2019, Italians pay 82% of their transactions in cash, against 73% for the European average, facilitating the existence of a massive underground economy.

However, a measure in the new government’s draft budget, currently under discussion in Parliament, consists of facilitating cash payments, to thank artisans and merchants, who voted overwhelmingly for the right on September 25. And this, by two ways. On the one hand, by raising the ceiling for cash payments…

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