Il Colle: concrete actions are needed. The EU: Italy is reforming


The president of the Republic, Sergio Mattarella, and the Governor of the Bank of Italy Vincenzo Visco yesterday, in various interventions, asked the government to launch concrete measures. The appeals rained on General States on which both fans and critics will probably have to review the yardstick of their judgments. At a first balance, the government seminar day was not an empty catwalk but not even the epochal turning point that government communication foreshadowed.

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The premier Giuseppe Conte has sent three messages. On the first he won easily by pointing out to the international establishment involved in the General States the Italian beauty put on display effortlessly in Villa Pamphili. He dedicated the second signal to Europe: “We will not waste even one euro”, spending on social inclusion and the green economy. The third message was sent to the absent center-right opposition, to which Conte asked to intervene with the sovereign governments of the Visegrad group (starting from Hungary and Poland) to soften their “no” to the European plan of aid.

Conte can undoubtedly collect the success of having focused the attention of the highest European offices (Commission, Parliament and ECB) yesterday on Italy, albeit connected via the web. In particular, the President of the European Commission, Ursula von der Leyen, also spoke in Italian pronouncing a “Europe has risen” intended for the hearts of those who live on this side of the Alps. But as for the contents from Brussels and from Frankfurt in addition to the compliments (the President of the EU Council, Charles Michel, has greatly appreciated the Italian management of the pandemic) there were no short trips.

All international representatives reiterated that Italy has the unique opportunity to make the mountain of resources available that Europe will make available to us. The European slogan returns to be “reforms” even if this time – and it really is not a little – it is accompanied by hundreds of billions and not by the threat of cuts. No gifts though. It is no coincidence that it was the Italian EU commissioner, Paolo Gentiloni, who remembered the huge presence on the theater of operations of the huge Italian public debt.

Not just fair play and (symbolic) exchanges of pastries, therefore. And on this wavelength the Governor of the Bank of Italy, Ignazio Visco, has tuned in. Speaking to the States General in the afternoon and on an evident axis with the Quirinale, it reaffirmed a basic concept: now we need concreteness. Mattarella in the morning in his speech to the digital marathon “What Future” had said: “There is a demanding expectation: we wonder how the country can take more modern and at the same time more respectful of natural resources. The ongoing exploration of the proposals of Italy’s economic, social and cultural forces, which has been underway since these days, must be capable of achieving concrete results “.

Visco’s intervention at Villa Pamphili was dense. “There is a lot of uncertainty in Italy and beyond – said the Governor – But this must not be an excuse for not acting”. “To bring the dynamics of GDP growth back to at least 1.5%, the average annual value recorded in the 10 years preceding the global financial crisis – warned Visco – will require an average increase in labor productivity of almost 1 percentage point l ‘year. A goal within our reach, but achieving it presupposes a break from the most recent historical experience “,
Visco has returned to demand a far-reaching tax reform. Conte will reply on Sunday 21 when perhaps (the calendar is not yet official) the States General will close. Yesterday he devoted little space to precise details. He limited himself to explaining that he intends to use European funds also for tax reform (an idea dear to Di Maio but very general) and that he is against the amnesties. Small cabotage. For now, the prime minister prefers not to go too far in a country that needs breakdowns but has never loved the few leaders who have tried to generate them.

Last updated: 08:14


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