Giovanni Tria

Giovanni Tria
Minister of Economy and Finances
Assumed office
1 June 2018
Prime Minister Giuseppe Conte
Preceded by Pier Carlo Padoan
Personal details
Born (1948-09-28) 28 September 1948
Rome, Italy
Political party Independent of centre-right
Alma mater Sapienza University
Columbia University
University of Beijing
University of London

Giovanni Tria (born 28 September 1948) is an Italian economist and university professor currently serving as the Italian Minister of Economy and Finances.[1]

Biography

Giovanni Tria was born in Rome in 1948. He graduated in Law from the Sapienza University of Rome, where he then became Professor of Economics, Macroeconomics and the History of Economic Thought. During the same period he also taught at the University of Perugia. He is currently Professor of Political Economics at the University of Rome Tor Vergata, where he has been Dean in the Faculty of Economics since 2017.[2]

Over the years he has served as a senior advisor in various ministries (Economics and Finance, Foreign Affairs, Public Administration, Labor). From 2002 to 2006 and from 2009 to 2012 he served as member of the Board of Directors of the International Labor Organization (ILO). From 1 January 2010 to 15 March 2016, he was President of the National School of Administration.[3]

He collaborates with the newspaper Il Foglio and he is part of the scientific committee of the Magna Carta Foundation, a think tank whose orientation is inspired by the conservative liberalism of the Anglo-Saxon tradition.[4]

On 31 May 2018, he was selected as Minister of Economy and Finances in the government of Giuseppe Conte.[5]

One of government’s main proposals was the scheduled reform of the Italian tax system, mainly promoted by the League and characterized by the introduction of flat taxes for businesses and individuals, with a no-tax area for low-income households and some small corrections to keep some degree of tax progression, as required by the Italian Constitution.[6][7] The government stressed that they will find the funds to implement it through the so-called "fiscal peace", that is a condonation.[8] However, Il Sole 24 Ore has argued that condonation on its own would not be sufficient to balance the books in a flat tax system.[9]

The government announced also more severe punishments for tax dodgers, which are a major problem in Italy.[10]

During Trias' first Economic and Financial Affairs Council (ECOFIN) meeting, on 22 June 2018[11], a draft (Recommendation) for a COUNCIL RECOMMENDATION on the 2018 National Reform Programme of Italy and delivering a Council opinion on the 2018 Stability Programme of Italy[12] was discussed.

References

  1. ↑ Fore Live. "Italy: Giovanni Tria to be named economy minister in new gov't proposal". Retrieved May 31, 2018.
  2. ↑ Il Prof. Giovanni Tria eletto Preside della Facoltà di Economia dell'Università di Roma "Tor Vergata"
  3. ↑ Firmato protocollo tra Scuola Nazionale dell’Amministrazione e la Scuola Albanese della Pubblica Amministrazione
  4. ↑ Fondazione Magna Carta
  5. ↑ Giovanni Tria verso il ministero dell'Economia: Lega-M5s, il governo sta per nascere. Paolo Savona resta in squadra
  6. ↑ Flat tax, cos'è e come funziona: due aliquote al 15 e 20%, premiati i redditi più alti
  7. ↑ Flat tax: cos'è come funziona per famiglie e imprese e quali vantaggi?
  8. ↑ La pace fiscale pentaleghista conferma che l’Italia è una repubblica fondata sul condono
  9. ↑ Flat tax, dalla pace fiscale ai bonus alla no tax area: perché non tornano i conti
  10. ↑ Jail for tax dodgers, bans for corrupt - Conte
  11. ↑ www.consilium.europa.eu, Participants (pdf)
  12. ↑ COUNCIL RECOMMENDATION of … on the 2018 National Reform Programme of Italy and delivering a Council opinion on the 2018 Stability Programme of Italy (pdf))
Political offices
Preceded by
Pier Carlo Padoan		 Minister of Economy and Finances
2018–present		 Incumbent
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