ITALY SINKING THAT DOES MORE 'OR NOT SO'

Italy sinking (as it should be) works more or less like this.
Let's say you have a small business that goes well, producing sales and profits. The company is entrusted with the banking system because the business is good and you have mortgaged your home to ensure the necessary line of credit to your company in order to work. 
You were also always diligent and accurate payment of suppliers, the ta iff and contributions of your employees. In short, everything in order. At a certain point in the story comes the crisis and your company should be in trouble. But since you've been diligent, maybe you put away some savings. So, you support the company (as it should be) because you think that the crisis is temporary and therefore destined to be resolved in a short time.

There is one problem, though. That is to say that the crisis, rather than only last a few quarters, went on for several years, however, worsened. But you do not mushy, why do you do with a matter of pride and good name. Maybe the good name of your grandfather's or your father who, with so much sacrifice, they had created that company thinking that one day would be you to manage and be the steersman.

For this reason, in these years of crisis, you'll bleed to death and the enterprise fund drying up all your savings. But not enough. Your customers increasingly delaying payments. Some of them fail and your credits become waste paper. They are loans that you had mentioned in your bank credit lines. So, to avoid signaling to the central banking risks, you have to cover them up.

Ask other loans, in other banks. But they also sailing in troubled waters and then, when they see that your business is no longer profitable as in past years, do not have the confidence to take on loans to other banks, which would be your debts. So legitimately refuse to finance your.

To fix the holes that are opening up, having exhausted his savings, you have no other way out but to finance your not paying taxes. So do not pay VAT, income tax from your employees and even contributions.

Try to plug the holes as you can. But the crisis is worsening and the holes become chasms. Your historic bank with which you have entrusted and lines of credit, is becoming increasingly intolerant towards your position. They feel at risk and are also asking for signatures to guarantee your wife or your family. The grant, also accompanied by a guarantee of a trust to which you, while not potendotelo permit, pay lavish fees.

Tax liabilities increase. You get bundles of good-natured warnings by the tax authorities. Li rateizzi, with associated penalties and interest. But you can not pay them and then decades by the benefits. The state accounts in shambles and needs to be collected. So send the cavalry to charge the tax claim.

Comes with Equitalia premiums, interest and penalties with 30%. Now you're with water in the throat and if you decide that you do not want to send home your employees and you want to keep your business paying suppliers, you care Equitalia. But these, after a few months, they attack your shed and you sign a mortgage. The bank realizes the mortgage registered by Equitalia and understand that you are more doomed than what emerges from your budgets. You ask for the return of exposures. Now you're bankrupt and your company is going to hell.

You no longer working, the suppliers do not deliver more goods and you can not do anything more than to drown in your own despair in a sea of ​​mud called glia. Have you finished your reserves, your family and squeaks instead of having unemployment benefits, you get folders Equitalia. End of story. It is not a happy ending.

Ps: this is a story common to millions of businesses and families in Italy. Subjects who have no future and that this state pretends not to see condemning them to certain death. 

from Winners and Losers of Paul Cardena

The Russian state ordered to pay fifty billions in compensation to the former shareholders of the Yukon. But look at who they are and the nationality of the arbitrators

The Russian state has been condemned by the Permanent Court of Arbitration in The Hague to compensate the shareholders of Yukoz, company nationalized by the Russian government after a series of tax crimes, to the tune of fifty billion dollars.
Do not go into the merits of the matter, given that there is still a degree of judgment, or the International Court of Justice.
Also very nice way to lead the process, a number of companies based in Cyprus and the Isle of Man, which Hano purchased the remaining shares of Yukoz for a loaf of bread, has sued unilaterally and was able to choose the college of arbitrators who judged.

Here they are, respectively, from left to right, Judge Stephen M. Schwebel (American), the Secretary L. Yves Fortier (Canadian) and the Swiss Charles Poncet.

Oh my God, people are respectable, but can also be some doubt.

And the beneficiary of so much wealth, for the most part is a more sophisticated Russian Leonid Nevzlin.
He, former manager of Rosneft was tried in absentia and sentenced to life in prison in Russia and fled for years in Israel, not only for tax evasion, but for having organized five murders.
Apparently owns seventy percent of the group's shares Gml ..
Kondorkowsky, the former owner, however, will not have a dollar.

I congratulate the U.S. for the careful timing and the fact that a court located in the Netherlands considered commendable Have the Russian state, for some reason
But I would not give a dime for the life of Leonid good, even if protected by the Mossad.
from freedom-Nuke The Whales

Katainen, COMMISSIONER FOR ECONOMIC AFFAIRS OF THE EU HAS scrubbed ITALY, BUT FINLAND AND THE 'WORST OF GREECE

This gentleman is Katainen, EU Commissioner for Economic Affairs claims Penalty
Italy and the USA is putting Finlandi like Greece.

Katainen, who is he? Don Abbondio probably would pose this question in the comments vitriolic launched unelected Italian Prime Minister Jyrki Katainen from this fresh European commissioner for economic affairs. The answer is soon given: former Prime Minister of Finland, who just settled into his new role as European oligarch, he promptly declared that Italy does not have the right to request flexibility on European standards and should in fact be more ready and above Prone to comply with the dictates of European austerity and poverty.

Nothing new under the sun, you say, but how much less irritating to say whether such claims is the former premier of a state that in recent years has achieved results which do end up straight behind the blackboard with a lot of donkey ears well stuck in my head.

You do not believe that a state like Finland could be worse than the country of puffins? Yet it is so.

Do you think that in less than five years, the Finnish government debt has almost doubled, rising from 33.9% to 57% in 2014. Course, is less than half of what Italic, but the speed at which it is growing is alarming to say the least and , which is not insignificant, before the advent of "governments grandfather George", the Italian public debt was the one with the growth rate lower than all other nations in the euro area since the start of the 2008 crisis . After 2011, thanks to the efforts of governments Monti, Letta and Renzi has exploded and this thanks to having followed the recipes of the eu.

Some might think that with rising public debt, Finland has been able to maintain low unemployment and GDP in positive through appropriate measures to stimulate the economy.

Also in this case Finland is red and blue pencil: GDP remains below the pre-crisis levels of 2008 and is still in negative territory, while unemployment jumped to over 10% and will soon rise again, visa Microsoft announced 18,000 layoffs in Nokia. Sure, Katainen could always propose the Finns to work harder and, perhaps, to emigrate to Hanoi, where the "new" Nokia will produce its phones.

The cost of labor has increased, while productivity fell, making suddenly "virtuous" Greece in comparison with the Nordic country.

Finland has, in the last instance, all economic and social indicators typical of most of the Mediterranean countries of Scandinavia, with values ​​that would take the harsh reprimands of the oligarchs of Brussels and the finger raised to German Chancellor Merkel, perhaps with the roar background of speculation on the public debt made by banks Teutonic in case of resistance to "take medicine".

Yeah: Katainen sermon and scratching hurt even worse, but being part of the "Nordic bloc" so dear to Germany, can make the lecture Italy with impunity, without having to account for the disaster in his country.

The saddest thing, however, is that the former mayor of Florence, has not seriously banged his fists on the table, pretending to Katainen and Finland for the immediate implementation of reforms blood and tears, which are mostly demanded by us.

But, you know, Don Abbondio felt crock pot in the middle iron pots and our Prime Minister is not elected, despite some bombastic statements, it appears more and more like the character Manzoni. Which, for a country that is reeling in the worst economic and social crisis since the end of World War II, is not really good. So even a Katainen any, can afford to make us moral, without looking at the beam in his own eye.
Google translation
Source: sosimprese.info

Inferno c. ||| , v.82-84

Ed ecco verso noi venir per nave
un vecchio bianco per antico pelo,
gridando : “ Guai a voi , anime prave „

Privatization Italy: Ridiculous and Dangerous Incompetence

Privatization Italy: Ridiculous and Dangerous Incompetence
I wonder if some subsidized media will notice the figure of shit made ​​by the new phenomenon that has Italy as Minister of Economy and Finance.

Moreover, it is something very dangerous and that puts a stone TOMBSTONE any other hypothesis privatization Italian. Ok many will say, thank goodness! Well, for a moment, before you breathe a sigh of relief it would be better to note that Italy has shown yet another business GUANO A view towards foreign capital.

And at the same time, or state has given yet another rip-off citizens, Italian investors who trusted him. And I agree, cabbage to trust them, but be careful, here we are talking about small investors who have made buggered by a series of television commercials and went to subscribe for shares on the basis of what is fortunately little confidence that the Italian State Thief still manages to convey.

I remind points to the sad and horrible story of the sale of shares on the Stock Exchange Fincantieri:

The story is well known: in the public offering and sale of shares Fincantieri, at the hands of its sole shareholder of the Deposits and Loans Fund, was planned sale of 104 million shares by CDP, and the issuance of 600 million new shares, to support the development plans of the company. Of this stock offer maximum, 141 million shares were allocated to the retail public (small investors), and the remaining 563 million shares to institutional investors. What happens at the end of the placement period? You find that foreign institutional investors have booked only a dozen million shares, while the Italian institutional thirty million. Out of a total of 563 million shares to institutional destined. So what? Meletti writes:

     What does this point to the number one Fincantieri, Giuseppe Bono? Do not lose heart and run for cover. Remove the offering of shares of the Deposit and Loans for sale, and it also reduces the capital increase, so that the placement is reduced from 704 million to 450 million shares. Then fixed the price at minimum fork, 0.78 euro. But the shot of the master is called claw-back. This is the clause that allows, at any time, move the weights of placement among institutional and retail investors. International funds have good reason to stay away from Fincantieri actions? Very well, without investigating further they give up the Italian retail investors. So go to the institutional 49 million shares (him had proposed 563 million), and the poor small private investors who still trust their bank come to 401 million shares (313 million euro on the nail) instead of the proposed 141 million. One might ask: but if depositors 400 million shares have asked the, what's wrong? There is no one warned them that the international funds of those actions were spitting on us. Anyone who has bank branches knows the refrain that the officials are trained to repeat in exchange for a premium for each share placed: "Look, it's a bargain garnde, the Fincantieri will be snapped up, the demand will be three times the offer, then she asks three lots least four thousand shares, so when you go to the allotment will have its package verbatim "

Well so many beautiful small shareholders to be mowed for good.

In fact, after the price of decency Fincantieri has magically kept on the prices of placement for a couple of sessions and via the parachute (bet that was placed by the placing banks
It was serene, this is just the beginning of shearing.

Now, with what face Padoan goes around talking about the stock market and sales of state companies?

What are the credentials that Padoan screams in Europe?

Pull Parcels to the citizens and the (few) institutions that have been?

Wow.

And look, I know, sprouts are those who have trusted the State, it is true. But I do not find anything nienete fun and even useful, just another demonstration of international jurisdiction.

Fonte:http://www.rischiocalcolato.it/2014/07/privatizzazioni-ditaglia-padona-dimostra-tutta-sua-ridicola-pericolosa-incompetenza.html
Translated by Google.