The Golden Rule in Italy
On the 7th of September 2011, the Italian Lower House approved a constitutional reform introducing a balanced budget obligation to Article 81 of the Italian constitution. The rule will come into effect in 2014.
Read more about this topic: Golden Rule (fiscal Policy)
Famous quotes containing the words golden, rule and/or italy:
“Beloved, may your sleep be sound
That have found it where you fed.
What were all the world’s alarms
To mighty Paris when he found
Sleep upon a golden bed
That first dawn in Helen’s arms?”
—William Butler Yeats (1865–1939)
“Men conceive themselves as morally superior to those with whom they differ in opinion. A Socialist who thinks that the opinions of Mr. Gladstone on Socialism are unsound and his own sound, is within his rights; but a Socialist who thinks that his opinions are virtuous and Mr. Gladstone’s vicious, violates the first rule of morals and manners in a Democratic country; namely, that you must not treat your political opponent as a moral delinquent.”
—George Bernard Shaw (1856–1950)
“Lump the whole thing! Say that the Creator made Italy from designs by Michael Angelo!”
—Mark Twain [Samuel Langhorne Clemens] (1835–1910)