Prime Minister Meloni has not changed his mind about the European Stability Mechanism (MES), a bailout fund designed to stabilize member states in crisis, whose operation only awaits Italy’s approval. Commenting that “it blocks hundreds of billions” that could be “used for investments”, for example, Mess is “part of a set of tools that should be discussed as a whole”, and precisely because of this “it would be foolish to open the theme now”.
Mes, Meloni: “The tool is a stigma, it risks blocking resources”
“It doesn’t make much sense to approve the ESM reform without even knowing what the new rules of the Stability and Growth Pact cover, for example I am not convinced by the European Commission’s proposal”. Interviewing Bruno Vespa at the ‘Italy future’ forum, the prime minister reminded that the EU has set itself ambitious priorities and there is no need to ignore them in its governance rules. “If you’re forcing Member States to invest in some strategic priorities, you should recognize those investments. That’s why we want defense, green and digital transition investments to be excluded from the deficit-GDP calculation”.
“Mes is a stain that risks blocking resources at a time when we are all now seeking resources: then it is not used by anyone”. And this is exactly what the prime minister wanted to emphasize. “The debate should be like turning an unused tool into one that maybe someone can use. That’s the debate I’m trying to open, and I believe we can be pragmatic on an issue that is treated ideologically in Italy”.
Elly Schlein’s response
“Before you bring us down, worry about the country,” replied Pd secretary Elly Schlein. “We are concerned about very low wages and cuts in healthcare because you’ve been running the country for eight months and you haven’t spent billions of Pnrr, which increases precarity and takes away rights.” And as the Meloni government celebrates its 2023 GDP projections, industrial production is collapsing.
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Source: Today IT
Emma Fitzgerald is an accomplished political journalist and author at The Nation View. With a background in political science and international relations, she has a deep understanding of the political landscape and the forces that shape it.
