Rinaldi: the threat of having to apply the “European Semester” rules prevented Italy from doing what it had to do for its citizens
Speech by Antonio Maria Rinaldi in the ECON commission. Everyone talks about the RRF, and often in Italy even at random. Many think, first of all Fubini, who has never read anything, or pretends not to have read it, of the European regulations on the Recovery Plan. The problem is that it is the so-called “European Semester”, that is, in a cumbersome and repressive process of defining the budget law that contains public spending, at a time when it should instead be done as much as possible, as also stated by the IMF.
On the contrary, Italy has been incredibly cautious, not spending, not relaunching the economy, making our fellow citizens pay the bill, and all out of fear of the return of European bonds. A mistake which we will pay the consequences for in the future.
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The Rinaldi article : the threat of having to apply the rules of the "European Semester" prevented Italy from doing what it had to do for its citizens comes from ScenariEconomici.it .
This is a machine translation of a post published on Scenari Economici at the URL https://scenarieconomici.it/rinaldi-la-minaccia-di-dover-applicare-le-norme-del-semestre-europeo-hanno-impedito-allitalia-di-fare-quello-che-doveva-per-i-propri-cittadini/ on Mon, 01 Feb 2021 22:07:07 +0000.