Against the duties Giorgetti opens to the possibility of suspending the stability pact

The Minister of Economy Giancarlo Giorgetti proposes, to allow all European countries to be put in a position to be able to activate public aid to the most affected sectors by the commercial policies of the United States, of reactivate the suspension of the stability pact As happened during the Covid pandemic to support companies.

“The Italian problem, compared to the approach of other countries, is that we start from a budget situation in which our spaces are deeply different from those of others”, so, if “as aid for the sectors and the damaged companies From this situation and the aid means economic-financial interventions against the state budget “, this” must be allowed by the European rules “and” in the current economic governance there is not only article 26 but there is also article 25, which perhaps should be rereaded, and if it is all true, I find that there is a logical consequence to all this “, the Minister of Economy said at the Forum Teha, Giancarlo. Member States to deviate from the path of net spending in the case of a severe negative situation provided that the sustainability of the budget in the medium term is not compromised.

“We are faced with a change of historical and political scope that arises from an economic action but that puts under shooting the policy of globalization that since the nineties has defined a phase that, in my opinion, is in a fairly evident way is in crisis” and in “we have ignored the social and economic consequences” he concluded.

By Editor

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