“Italy’s debt problem cannot be canceled”

Published on: 11/15/2020 11:26 AM

“Let’s not forget that there is a debt problem for a country like Italy“He said it Paolo Gentiloni connecting with ‘Futura 2020’. “We can do all the discussions, but that Italy has a high level of debt cannot be canceled. We must avoid the risk that this crisis will have negative consequences at a financial level, we will all have a high level of debt,” stressed the Commissioner of the EU.

“It is obvious that we must review our rules but it does not mean to imagine that this issue can be canceled. We must address this issue in a responsible manner in the medium and long term, looking to the future ”, Gentiloni added.

“My job now is to start the next generation of the EU, we need the ratifications of the Parliaments, coherent and forward-looking national plans. Then I work, with proposals in the first months of next year, to revision of the rules of the stability pact, this work must be resumed. Thirdly, we must allow our own resources, with web tax and border taxation on coal, that allow us to pay off the common debt with common resources, because this will allow us to say that what we have done will be a success ”, explained the commissioner. EU.

For the success of Nex Generation Eu “it is essential how we can count on the institutional changes and the bodies that allow the implementation of these projects and the absorption of related resources, otherwise there is a risk that this enormous amount of resources will be managed absorb. And then the quality of the Plans ”, said Gentiloni.

“The problem is looking to the future, not thinking about defending what was but” aiming “at the transformation with the environmental and digital transition and with the quality of social inclusion – the EU commissioner stressed -. If the world of work and the company push towards the future and not only towards emergency measures, I think they will do their part until the end ”.

For Gentiloni, “social dialogue must be given the importance it deserves. It must be taken into account” and “the leading role of the social partners and the world of work is an indispensable condition”.