Italy's Conte closes economic consultations with call for unity, tax cut

Source: Xinhua| 2020-06-22 05:29:22|Editor: huaxia

ITALY-ROME-PM-ECONOMIC CONSULTATIONS-TAX CUT

Italian Prime Minister Giuseppe Conte addresses a press conference in Rome, Italy, on June 21, 2020. Prime Minister Giuseppe Conte on Sunday said Italy is mulling a reduction in the country's value-added tax, part of a wider set of ideas he said would help hasten gross domestic product growth in the country hit hard by the COVID-19 pandemic. (Alberto Lingria/Pool via Xinhua)

ROME, June 21 (Xinhua) -- Prime Minister Giuseppe Conte on Sunday said Italy is mulling a reduction in the country's value-added tax, part of a wider set of ideas he said would help hasten gross domestic product growth in the country hit hard by the COVID-19 pandemic.

Conte spoke at Rome's Villa Doria Pamphili at the end of eight days of States General consultations with government ministers, European Union officials, economists, and representatives from the corporations, the financial sector, and trade unions.

"We have reopened Italy" in the wake of the coronavirus, Conte said, "now we have to reinvent Italy."

Some of the consultations took place in person at the 17th-century Roman villa, with others taking place via video hookup.

The measures that emerged from the talks were painted with broad strokes, with Conte stating they'd be finalized during high-level talks set to take place in September.

On Sunday, Conte called for Italy to "pull together" to limit the impacts of the coronavirus outbreak in Italy. He said Italians "have it in (their) hands" to determine how quickly the country returns to normal after weeks of coronavirus lockdown and nearly 35,000 deaths from COVID-19, the disease caused by the coronavirus.

Among the specific measures is a plan unveiled by Conte to provide women with vouchers for up to 500 euros (555 U.S. dollars) to help them move up corporate ladders. That is one of the three pillars Conte announced at the start of the talks on June 13.

The other two pillars are "modernization and innovation" and "sustainable development." Enditem

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