Rabbit Runs Around Cage

Street investment Fiat, took first in Pomigliano

The precise date had been fixed and announced in early February, but the first eight recruitment took place yesterday in Pomigliano still represent a event in the course of the new Fiat. The first concrete step towards the realization of the project factory in Italy which is linked to the fate of the group, one of thousands of workers and the future of industrial relations and trade unions. The eight employees of the new company that will build the new Panda are three women and five men. All technicians who will support the new managing director and plant manager Giambattista Vico, Sebastiano Garofalo. They will coordinate the recruitment of future workers. At least 300 by July and then gradually all the 5600 employees of the old society.

But to keep bench yesterday, despite the official start of the new project was the attention given by the prestigious Financial Times, the young scion of the Agnelli family, John Elkann. The London-based financial newspaper, the president has reserved the Lingotto a full-bodied portrait-interview in which the President of the Lingotto is defined as' the unexpected heir who saved the family jewels. " It is to him, according to the FT, that we owe the successful acquisition of two moves 20% of Chrylser and the spin-off. Two operations, says, "unthinkable for the generations that preceded him and also for the other family car in Europe, such as Peugeot and BMW's Quandt."

celebrations and self-congratulation aside (the young Agnelli tells his adventurous and difficult adolescence spent working undercover in a factory for assembling lights in Birmingham), announces that the Exor Elkann would give its support to the hypothesis of a dilution of 30% stake in Fiat in front of a project to create a larger company. It is, in essence, the scenario evoked more times by Sergio Marchionne ("could not get a better partner," Elkann said of him) of a full merger between Chrysler and Fiat. Option that would not hurt, as we have said, our country, because "going abroad does not mean that what is in Italy is reduced." In any case, Elkann says, 'pride in their roots should not be a brake on growth. " In any case, it reveals a number of Fiat and Exor, a holding company controlled by the Agnelli family has provided over one billion euro for new investments. And additional resources could result from the use of leverage and the proceeds of disinvestment. These include confirmation Elkann, could Alpitoru beings also, "if you present a good opportunity."

Meanwhile, the enthusiasm comes from Mexico's President Felipe Calderon, who yesterday presented Marchionne with the launch of the Fiat 500 model 2012, which will take place in the Chrysler plant in Toluca. From there, the car will be exported mainly to North America but also in China, beginning in the fourth quarter of 2011. The at the Lingotto is also considering the possibility of producing another Fiat model, while between June and July will be introduced into production lines in Mexico are also three models Alfa Romeo.
As regards relations with Russia, after the stop negotiations with Sollers, Marchionne said he was in contact with other manufacturers. "We must find the right path in terms of time and money," he said, "I think we have until April to finalize."

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Body Produces Too Much Blood

Italy niche shares Gaddafi. "We expect Europe

Prudence, said Friday the same Silvio Berlusconi, left, and Max. But the hypothesis of a freezing of shares in Italian companies Gaddafi becomes more concrete. "Italy will adhere to all types and categories of sanctions decided by the UN and the EU," said Franco Frattini yesterday, including those "on the shares."

The words of Minister Foreign from Istanbul are clear. Italy is ready to freeze the package of more than 3 billion that the Libyan sovereign wealth funds hold shares through Unicredit in Italy (7.5%), Finmeccanica (2%), Eni (1%), Juventus (7.5% ). But no action will be taken individually by our country. For now, therefore, everything remains as is. So far, in fact, Frattini said, "Sanctions on Libya about people, not entities." The point is the same one on which he had already talked to the prime minister Friday. "We need to distinguish good," said Berlusconi, "the participation of Libya in the Libyan people and interests that are relevant to a family instead."

And the same seems to be the land on which it is moving the Financial Security Committee, which met yesterday morning at Via XX Settembre. "Check the correct application in Italy of the sanctions decided by the EU" is the theme on the agenda of the summit chaired by the Director General of the Treasury, Vittorio Grilli. In particular, the objective body consisting of representatives of the Ministries of Economy, Interior, Justice, Foreign Affairs, as well as Bank of Italy, Consob and ISVAP, is to assess the faithful application of the decision taken by ' EU 'on February 28 and made operational in our country with Regulation 204 of the March 2 last year, which shows the names of persons for whom the freezing of funds and economic resources owned, held or controlled. " In other words, the Committee's mandate would be to verify that any property which refer directly to members of the Gaddafi family and a handful of loyalists (in all the blacklist is 26 names) are not in the availability of Saddam.
It is clear that the problem is something else. They know well in Britain, where without much thought have entered the Libyan Investment Authority (LIA), Libyan sovereign wealth fund of the state, in subjects directly controlled by the colonel and frozen so they held 3.27% in the group Pearson, which publishes the Financial Times. Lia, needless to say, is the same fund, together with the Libyan Central Bank, controls all the shares held in Italy.

The issue is not to be taken lightly. Freeze the shares would not only block the voting rights at shareholders' meetings, but also the dividends, a few weeks from such charges. An action which, if implemented, along with all the precautions possible, the risk of alerting the huge investments made in our country by other sovereign funds. On the other hand, excessive caution could expose us to international criticism. Yesterday, a long article in the New York Times pointed out that Italy, unlike other, "It is retained by the freeze any assets ', saying' wait a coordinated response by the EU." Of this, mainly, is working on the committee. To ensure that it is very clear Italy's willingness to act quickly, but only after the approval of European official. Task of the next few days will in fact "to ensure constant monitoring of the situation and provide immediate and effective implementation of any new decisions of the EU." Decisions that could get to the next EU Council of Foreign Affairs, scheduled for March 21, or in a special formal meeting that may take place even earlier.

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Things To Write On Wedding Card For Best Friend

The regions of the left boycott federalism

In the Council of Ministers yesterday morning, which launched the fourth implementation decree, that the municipal tax, "was not approved any extension" federalism and " My commitment is that after the approval of the decrees would have brought this proposal. Today has been given notice by the Council of Ministers on the extension request. " In the end, to make clear at the end of a day ruled by controversy and misconceptions, spoke the same Roberto Calderoli, in an interview to be published today on the 'Padania'. The Minister of Simplification ensures that "the objective is to close next May 20," and that a slip of the delegation "will cover any other orders as may be necessary."

Extension or not, the tension remains high. To light the fuse, the chairman of the Conference of the Regions. "The government have said that, since the content has not honored the agreement signed last December, the regional agreement on federalism is not for us." Vasco Errani, quiet for most of the day, it burst out like that, in the afternoon, after the State-Regions Conference, Palazzo Cornaro. And they all jumped on the chair. The regional federalism, for which the government and local authorities had closed on December 16 last year, a difficult arrangement, it is likely to jump. The question raised by the governor of Emilia Romagna red revolves around a series of commitments from Palazzo Chigi, starting from the funding of local public transport, then on the social security benefits notwithstanding.
Commitments, which ensures Calderoli, will be honored: "The government has reached an agreement with the regions, municipalities and provinces, the federal decree on the regional and provincial level, a number of conditions that the government intends to comply fully. Therefore the problem raised by the governor Errani not asked. " On the same wavelength as the minister, Raffaele Lease, according to which "the government confirms the commitment of resources and the 2011 regional federalism goes on as the city went ahead." "Let's wait deeds, not words," replied Errani, not satisfied with the assurances. Softer the position of governor of Lombardy, Roberto Formigoni: "I am convinced that the agreement with the government is possible, provided of course that is respected as we agreed in recent meetings, in particular the agreement on the resources." Optimistic, after reassurances Calderoli, the president of Lazio, Renata Polverini. "The government reiterated that it will maintain its commitment to the resources 2011. Any controversy, then, seems to me instrumental, "cut short the president of Piedmont, Roberto Cota.

The bicameral committee has however already started working on the decree on regional tax and cost of health standards. On the latter front, and check the hypothesis of the involvement of Istat in controls. But the question will investigate next week, when the examination of the decree will come more in vivo. Among the topics put under the magnifying glass also that of the benchmark regions on the model of which will set the standard of health. The decree provides that the State-Regions Conference will choose a shortlist of three to five virtuous indicated by the Treasury, but on the assumption of reasons to expect that the model is done directly by the top five. Finally, as confirmed by the rapporteur of the measure, Massimo Corsaro (PDL), there is the possibility to predict the zero IRAP, however, confined only to businesses who start a business. One option being studied, but which are being considered by both the practicability constitutional point of view and from that statement.

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