Giorgetti warns: "There's a risk of recession if the crisis doesn't ease." The government is pushing to suspend the Stability Pact.
It would provide scope for implementing emergency measures to protect businesses and families from price increases. Meloni wants to close the deal on undersecretaries.
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He utters the taboo word almost at dinnertime: " recession ," which "will come" if the energy crisis triggered by the war in Iran does not subside . Giancarlo Giorgetti spells out the nightmare of every government, one that is very much on Giorgia Meloni's mind. It's no coincidence that the Prime Minister and the Minister of Economy have been sounding the alarm in Brussels for days now, calling for a " suspension of the Stability Pact ." This would give countries with limited fiscal space, like Italy, the scope to implement emergency measures to protect businesses and, above all, families from waves of price increases . It's a hot topic, especially because Rome must also find a strategy to fulfill its commitments to NATO by increasing defense spending . The issue of weapons is a difficult one for the public to digest, and one about which the League has already begun to express its doubts. So much so that Francesco Filini, who took over from Giovanbattista Fazzolari as head of the Brothers of Italy research office, pointed out in an interview with Il Foglio that "without suspending the Stability Pact, NATO military spending cannot be increased. Without it," he went so far as to say, " the very existence of Europe is called into question ."
The government had already begun addressing the issue in recent weeks. Giorgetti himself had presented a "report" to his colleagues and the prime minister in an ad hoc meeting to begin drafting the new Public Finance Document, which is being prepared with the other unknown factor of whether Italy will exit the excessive deficit infringement procedure . Eurostat will have the final say on April 22nd, and only then, in all likelihood, will the government approve the document, which will have to pass parliamentary scrutiny like the old DEF. With GDP slowing, the National Recovery and Resilience Plan ( NRRP) approaching its end, and price increases that, despite her efforts, remain unstoppable, Meloni has many thorny issues on her desk. So much so that, in the meantime , the prime minister would like to at least complete the reorganization of the government team this week, with the appointment of new undersecretaries, so she can then focus on the things that still need to be done . The prime minister, according to those who spoke to her, is monitoring developments within the Azzurri party, particularly within the party, and is willing to "give up" one of the FdI seats to her ally. After the lengthy discussions between Antonio Tajani and Marina and Piersilvio Berlusconi, some among the Azzurri party expect the announcement of the postponement of the national congress in a few days. This is one of the points the deputy prime minister was reportedly convinced of at the Cologne summit, where, according to various sources, a compromise agreement was reached on the name of Enrico Costa, which is now being worked on to bring the deputies together.
The handover with Paolo Barelli could take place between Tuesday and Wednesday, but formally, the group has a meeting, which Barelli himself will be responsible for convening. The issue of his future has yet to be resolved. One of the rumors was the Mimit, but the League has no intention of handing over to its ally the position held by Massimo Bitonci, who left to become councilor for the Veneto region in Alberto Stefani's government. In his place, in fact, the League has had the name of another Venetian, Senator Mara Bizzotto, ready for months. At Via Arenula, Andrea Delmastro's responsibilities have been divided between Deputy Minister Francesco Paolo Sisto and Undersecretary Andrea Ostellari, and some believe the situation could remain as it is. But within the Brothers of Italy, the most popular option remains Delmastro's replacement. An Undersecretary for Culture could also be appointed. Press rumors suggest a promotion for the current head of the MIC secretariat, Emanuele Merlino, but he may not win. A "politician," the thinking goes, would be better, perhaps from the South, with a geographical rebalancing of the team. The Consob issue remains unresolved (the chances of Undersecretary of the Ministry of Economy and Finance, Federico Freni, are said to have faded), but some in the majority believe it could be resolved in May, when the Antitrust Commission also comes up for renewal.
(Unioneonline)
