«As long as the majority supports my approach to serious, credible and sustainable projects , I don't see why I should leave . As I have already said, the opposition has every right to make suggestions, even welcome ones, but then I decide." The Minister of Economy Giancarlo Giorgetti explains this in an interview with Il Giornale, after the controversy over the failure to ratify the ESM and the requests for resignation coming from the opposition .

Regarding his party's choice not to ratify the States Rescue Fund, Giorgetti recalls that «the League has always said that it was against it. Therefore, it is a question of consistency. What seems improper for a member of the Union is that after having made a commitment to ratify, when it comes time to sign he backs down. But I repeat, at that point the issue was no longer economic but political." «I understand the partners' irritation at the rejection, even if they knew for some time that this possibility was far from remote - he continues -. However, I remember that the Draghi government also refused to present the ESM in Parliament, postponing its examination. At least we got to the vote. A point has been made at the end. As the Ministry of Economy we have always maintained that an extra belt around the banking system is welcome. But the ESM is an instrument like others, therefore, nothing more than one of the possible solutions to the real problem, which is debt. I don't think that Europe without the ESM in its bank-saving version runs serious stability risks."

On the Stability Pact, after the agreement reached with Paris and Berlin, Giorgetti explains that there are good and less good things . «Aside from the positive content relating to the Pnrr, a Europe that has the ambition of sitting at the top of the geopolitical system, of having its own army, of seriously aiming for the energy transition, cannot ignore that all this implies large public investments - he specifies -. It would be like saying we want to go to the Moon with a hang glider. The choices must be consistent with the ambitions and the suitable means to pursue them. Here are the things that in my opinion are less good."

The point, according to the Minister of Economy, «is that many are still living in the pandemic hallucination, when there were no rules on debt and rates were at zero or even negative - he argues -. Today the reality is different. Rates have skyrocketed and repeating debt is no longer possible. Above all, we must understand that the comparison must be made not with the pandemic phase, but with the old Stability Pact."

(Unioneonline/vl)

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