Word: vanoni
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...Said he: "There is no good reason why private firms, either Italian or foreign, should not carry out research with their own capital and at their own risk." As for E.N.I, itself, even the state authority seemed to be weakening a bit. Said Italy's Budget Minister Ezio Vanoni, a steadfast Mattei supporter, at the closing session: "To realize these sources of wealth . . . asks the collaboration of all forces and all initiatives. The Italian government is hence pledged to friendly countries not to neglect exploitation of whatever resources exist in this country." To U.S. oilmen in Italy...
...area. Another $30 million will build eight power projects to increase southern Italy's electric generating capacity by one-sixth; the remaining $20 million will help private investors finance seven new factories (fertilizer, fruit processing, cement, chemicals and medicines, pulp and paper, woolens). Said Italian Finance Minister Ezio Vanoni: "We hope to merit other loans in the future...
These promising beginnings by Scelba's administration were somewhat obscured by headlines announcing a plan that has in it more of promise than of beginning. Budget Minister Ezio Vanoni addressed himself to Italy's very real problem: 2,000,000 unemployed, another 2,000,000 underemployed, a housing shortage of 15 million rooms. His solution, which Scelba's cabinet discussed until 2 o'clock one night last week, is a ten-year plan to invest $8 billion worth of private and public capital in building productive enterprises. The intention was laudatory, but the details vague. Particularly...
Last week, without mentioning any names, Vanoni's ministry made public the results of the honor system: of 47 million Italians, only a million-odd admitted any taxable income at all; 730 admitted incomes over $16,000; only one lone Italian admitted making more than $320,000. His stated income: $704,000. "Which millionaire was it who told the truth?" asked one Milan newspaper, amid a nationwide chorus of cynical snorts and chuckles. With the persistence of Diogenes, newsmen finally identified the tower of honesty as Textile Manufacturer Gaetano Marzotto. Rome's // Tempo facetiously urged that statues...
...forest of deceit was not enough to soothe a treasury cuckolded once again for an estimated $1 billion of undeclared income. "We have succeeded in looking very silly," moaned one treasury official. With the sad air of a man once more calling a detective to watch his wife, Minister Vanoni promised a most thorough investigation...