ROMA (ITALPRESS) – “The framework outlined by the most recent statistical evidence does not indicate a structural deterioration of the Italian economy which, indeed, has demonstrated a significant resilience to the shock of international trade concerning new tariff policies. The revisions to the downwards of growth prospects are limited and attributable mainly to temporary exogenous factors, hopes first to the energy crisis. They persist, on the contrary, elements of resilience on the labour market, the productive system, in the management of public finance”. This was said by the Minister of Economy, Giancarlo Giorgetti, answering the question time in the Senate.
“The government is fully aware of the many pressures on public finance, such as the phenomenon of the energy crisis triggered by the outbreak of the Middle East war, and has moved on a dual line: that of structural reforms and temporary emergency ones, which have characterized the measures to cope with the expensive fuels. In this context, the hope is that the international crisis has its solution as soon as possible. If this does not happen, we must seriously put the issue of a European unitary response, as was done for pandemic, with exceptional measures, including a taxation of extra profits generated in the field of energy fuel price increases,” added Giorgetti.
For the Minister, “the ongoing crisis will have to think seriously and constructively about the possible temporary suspension of the Stability and Growth Pact and, if the consequences of pressure on energy markets should be prolonged or even intensified, Europe should first assess the use of the general safeguard clause.”.
-Photo IPA Agency-
(ITALPRESS).
