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Good luck to the new government, which will have many problems

The Meloni government swears, and therefore enters the full capacity of its functions, even if there are still to fill the boxes of the undersecretaries. We can only wish good luck, also because the challenges are enormous, gigantic. It will take courage and even a bit of imagination to solve the problems that will be faced because the solutions cannot be the continuation of previous policies, indeed in many cases a sharp and decisive break with previous policies will be necessary. Because the Draghi government, praised by the media, leaves a heavy legacy with huge problems in the middle. Referring to several forts, such as the Truth, we make a quick list:

  • POWER. The first big problem is that of energy, both as a gas and as other sources. Italy has replenished stocks, but at a very high price, and this has a strong impact on costs for companies and families. Then there is a big, huge, energy security problem for January 2023, but especially for the winter of 2024. In the immediate future, we need the budget variance, the one not wanted by Draghi, to bring down the bills, but we must also ensure supplies in the medium term, beyond next winter. There are bureaucratic problems to overcome, both in the national gas extraction, and in the connection to the network, which is very late, of alternative energy plants. It is also necessary to overcome the blocks to the development, at least in potentiality, of nuclear energy, something that in any case must be left to the future. I work for five ministers combined, and that wouldn't be enough. All with an EU that will not help us, as Scholz pointed out very well yesterday by sinking the ceiling on the price, which at most will soften the peaks and saying that, for the European energy debt, "we can talk about it", indefinitely.
  • PNRR. Since this money, however debts or costs, we have taken it (even if we would have done better to make our debt two years ago., ..) we have to spend it. Beyond Europe's imposed “Goals”, this money is largely at a standstill. Many procurement and tender instruments need to be reviewed, as well as re-discussed at European level;
  • Review of European budget constraints. This is Draghi's greatest failure: hired almost to rewrite these rules with our partners, we are now bound by the same deficit and debt limits of 1992. It makes no sense, but we don't get stuck, and everything is still there. to discuss;
  • Security and migratory flows. Worse than the Lamorgese, in both sectors, it will be difficult to do;
  • Close the COVID chapter and improve health. Enough with the green passes, let's cancel the era of fines, let's go back to taking care of the citizens and, why not, also the declining birth rate.

There is to be done for five governments, but here there is only one. Good luck for the future, both for Giorgia Meloni and above all for Italy.


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The article Good luck to the new government, which will have many problems comes from ScenariEconomici.it .


This is a machine translation of a post published on Scenari Economici at the URL https://scenarieconomici.it/in-bocca-al-lupo-al-nuovo-governo-che-avra-molti-problemi/ on Sat, 22 Oct 2022 09:00:17 +0000.