Act to Stop the Decline
Act to Stop the Decline was a liberal political party in Italy, founded in 2012 as Stop the Decline. Oscar Giannino and Michele Boldrin have been its main leaders.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 Italian's major newspapers: Oscar Giannino, Michele Boldrin, Sandro Brusco, Alessandro De Nicola, Andrea Moro, Carlo Stagnaro and Luigi Zingales. The manifesto of the association was signed by 240 personalities and, as of May 2013, had attracted more than 70,000 signatures.
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.
On 8 December 2012 it was announced that the association would run an electoral list in the 2013 general election. In the election, held in February 2013, the party obtained 1.2%, returning no seats.
FFD contested the 2014 European election within the European Choice 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 criticised its coalition partners and Guy Verhofstadt.
The party has since been almost inactive and lost media attention and notability. In late 2015 the official website was no longer active.Electoral results
Italian Parliament
European Parliament
Leadership
