San Marino. La Serenissima: “Gift made by the government with citizens’ money”
The Serenissima. Deep disgust, above all moral, of many councilors: now he wants to know for whom the gift was made with the money of the citizens
GIAN MARIA FUIANO – Scandalous. Confirmed by the critical voices of councilors, not only of the opposition, suddenly, at the last moment, a “scandalous” amendment appeared on the table of the majority. Published on page 98 of the “collated” text, useful for following the examination and approval of the budget law, with the caption: “Amendment of the additional government of an article 19-bis”, and with the imaginative title “Support measures for the tourism-hotel sector ”, the amendment allows the Congress of State to subscribe a 10-year bond at the rate of 0.5% (minimum), issued by a private company. A project company set up for the purpose of promoting strategic redevelopment, promotion, financing and investment plans, including those already existing in hotel tourism. In other words, the state will lend 5 million euros to a private company to buy and renovate a hotel. (…)
Article taken from La Serenissima