Archive for the ‘Financing’ Category

History of an Ialian Scandal #3

WARNING: this is an open post, a post in progress. Any additional information provided by the readers and any correction provided by the mentioned companies is welcome and will be included.
Previous episodes: Storia di uno scandalo italiano #1: gli albori, Storia di uno scandalo italiano #2: bandi, appalti, leggi e prenotazioni

In the last episode we were in July 2005: Innovazione Italia Spa – the company controlled by the government to whom was committed the management of 20 million euro for the development of the platform – wins the competitive bidding promoted by itself some months before.
We remind our redears that the bidding included, besides other stuff, the realisation of a booking online platform in ASP (in other words, a national centralised system for tourism reservations) and it also stated that the global platform should have been online after three months (october 2005).

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Advertisements a PICO supplements it ………… for €35m.

Today we’ll talk about PICO, the Lisbon strategy, and how all of this led us to discover, through a curious and unexpacted path, new mysteries 😉 about the our webmonster and/or portal

The premise is brief:

Lisbon Strategy: meeting in March 2000 in Lisbon, the heads of state and of the governments of the European Union decided to make Europe “the most competative and dynamic conscience based economy of the world” by 2010.
Then the Chinese and Indians found out and good night to the whole deal 🙂
Since then, the different measures implemented to meet these goals have taken an the moniker the “Lisbon Strategy”.

PICO (as in Pico della Mirandola): acronym for “Piano per l’Innovazione, la Crescita e l’Occupazione” (Plan for Innovation, Growth and Employment), is the program of measures and actions that the Italian State intends to adopt in order to improve the economic and social conditions and to encourage growth and employment.

Interesting, isn’t it? WOW!

(partial translation of the Italian original)

“Il trionfo degli inetti.”[1] La Stampa interviews Falavolti, CEO of Innovazione Italia: we only spent a million

The triumph of the inept

[1] i|nèt|to [plural: inetti]
aggettivo [adjective]
1. (inadatto) unfit, unsuited
2. (incompetente) incompetent, incapable
3. (buono a nulla) inept, good-for-nothing

II. sostantivo maschile [noun]( f. -a )
incompetent, good-for-nothing.

On La today fresh news: Anna Masera interviews Roberto Falavolti, amministratore delegato (CEO) of Innovazione Italia Spa (Gruppo Sviluppo Italia), the state company commissioned to manage the €20mil. to develop and implement the technology platform for

The interview focused on the sole subject of money, and the answers seem unbelievable.

Summarizing, Falavolti says basically that:

Of the €25mil. destined for regional and national content creation: not on eurocent has been spent yet.

Of the €20mil. for the technology platform, editorial material, translations, etc.:

– €9,6mil. to IBM/ITS/Tiscover for the development of the technology platform: they’ve done their work, but still haven’t received a cent because there has been a dispute. Or to hear him: “Because during the project’s development a dispute arose, last year, at the same time as the change in government / minister. We weren’t satisfied, the transition came about but we had to completely revise the work plan”.

– €9mil. are left to spend.

– “roughly” €1mil. (how easy to be rough with other people’s money!) was spent so far on the bidding, the feasability study (author’s note: rotfl) and the work done so far.

– €400.000 are unaccounted for: who nows, maybe those are the “roughly”.

(omissis – partial translation of the Italian)

Luca Carlucci

History of an Italian Scandal: request for proposals, contracts, acts and reservations

If you haven’t done it yet, please read the previous episode.

Let’s continue our story.

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Documentation: ITALIA.IT watch

ITALIA.IT watch ( is a no-frills geocities page that contains a little on-line observatory about the genesis with the resources in cronological order, collected by an anonymous author.

UPDATE(02/27/07): the page, which was found tonight (02/26/07) at 3am has been removed :-/
UPDATE (02/28/07): the page is back
I could retrieve the resources and some significant links (this is the magic of falling asleep leaving the pc on with 43 firefox windows open) that you may find here below.

I still haven’t verified if all links work, but that’s it.


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Millions: more than 45. And they might have been 90

I fondi originariamente previsti come fabbisogno del progetto “Scegli Italia” non erano 45 milioni di euro, ma esattamente il doppio: 90. In più ci sono almeno altri 9 milioni di euro spendibili.
Con un po’ di attenzione e pazienza lo si scopre facilmente.

It’s not just €45 Million, there are at least another 9 available to spend + eventual co-financing of the Regional projects (+10% on 21).

But they could have been €90 million .

The original budget deemed necessary for the “Choose Italy” project wasn’t €45 million, but double that: 90. Plus another 9 million available to spend.
With a little patience, the how is easily discovered.

(partial translation of the Italian)