History
FFD was launched in July 2012 as a spinoff of a cultural movement, "Fermare il Declino" initiated by a group of seven economists with an open letter published in Italy's major newspapers: Oscar Giannino, Michele Boldrin, Sandro Brusco, Alessandro De Nicola, Andrea Moro, Carlo Stagnaro and Luigi Zingales. [7] [8] [9] The manifesto of the association was signed by 240 personalities and, as of May 2013, had attracted more than 70,000 signatures. [2]
The core goals of FFD included the reduction of the national debt by 20% of GDP in 5 years, the reduction of the public expenditure by at least 6% of GDP in 5 years, the reduction of the tax burden on citizens by at least 5% in 5 years, the introduction of a serious federalism, university reform, liberalizations and privatizations. [10]
On 8 December 2012 it was announced that the association would run an electoral list in the 2013 general election. [11] [12] In the election, held in February 2013, the party obtained 1.2%, returning no seats. [13] Luigi Zingales left the party that same month. [14]
FFD contested the 2014 European election within the European Choice (SE) electoral list alongside Civic Choice, Democratic Centre and other minor parties. The list received just 0.7% of the vote and failed to elect any MEPs. Boldrin publicly expressed his regret about the decision to take part in SE and criticized its coalition partners and Guy Verhofstadt. [15]
The party has since been almost inactive and lost media attention and notability. In late 2015 the official website was no longer active.
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