“The government must very quickly present to Brussels the precise list of reallocation of the Pnrr projects that we were unable to implement”. He says this in an interview with The messenger the president of Confindustria Carlo Bonomi, who also announces the industrialists’ proposal: “It is to allocate a large part of the resources that would be uncovered in investment incentives for companies”. So-called residual funds.
With regard to the Mes, if the problem, argues Bonomi, is that “it is no longer suited to the objective we want to pursue, then we propose that Europe transforms it into a fund for competitiveness”. Therefore, the call to change it. A few hours earlier, the Minister of Economy, Giancarlo Giorgetti, had also spoken about the European Stability Mechanism, which in an informal Ecofin in progress, after the gridiron precisely in the Mes for Italy accused of delay by the community institutions, made it clear that ” it’s just part of the discussion and that there is also a banking union”.
Regarding the position of those who ask Rome to ratify first and then deal with something else, the Italian minister and representative of the League highlighted that “the Mes is a part, not the only one, with respect to the various situations that are still under discussion , for example there is the issue of banking union”. Therefore, “if you want to protect the European system, you should consider the Mes, but not only”. In any case, “these are negotiations and negotiations, with positions consolidated over time and that need to be moved in some way”, pointed out Giorgetti. The Eurogroup meeting in Stockholm with finance ministers was also an opportunity to discuss the reform of the Stability Pact presented by the European Commission, which introduces multiannual debt reduction plans.
Source: IL Tempo
Roy Brown is a renowned economist and author at The Nation View. He has a deep understanding of the global economy and its intricacies. He writes about a wide range of economic topics, including monetary policy, fiscal policy, international trade, and labor markets.
