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There is no “particular to delay Italian “in the presentation of Recovery plan in Brussels. What worries Paolo Gentiloni, European Commissioner for Economic Affairs, is “implementation, execution”. Because “the devil – says the former prime minister interviewed by Republic – It is not in the details of the plan but in the procedures to carry it out. Given the experience we have in countries like Italy me Spain in difficulties in absorbing European resources It’s about a challenge huge because these funds go committed by 2023 and spent by 2026. Therefore, we need Fr.extraordinary procedures and preferential lanes, or rather an extraordinary effort. “Procedures that” only Parliament can create. read. No political or technical authority can work miracles if regulatory bottlenecks are not unlocked ”. In the interview, the commissioner, for the first time, also says that he understands the political motivations so Italy does not intend to borrow from the ESM, which it itself has defined a lot on several occasions convenient for the country, underlining that there are no conditions for the pandemic credit line.
Commenting on the content of the draft Recovery Plan circulated in recent weeks and now undergoing modification, Gentiloni observes that “the general part of the plan, thanks to the work coordinated by the Minister of Community Policies, Enzo Amendola, is consistent with the priorities indicated by the EU Commission on Green Deal, resilience and digital innovation. Italy is in that line and I am sure that the political confrontation and with the social partners – he continues – will enrich the initial proposal ”.
Unfounded, then, the controversy over scarce “additional” resources compared to those used to finance pre-existing projects: such as the Me, with respect to which Gentiloni affirms that he can “understand the political reasons for not acceding”, even the loans of the Recovery and Resilience Fund “do increase debt and the government is right to propose one prudent use, even substituting expenses already foreseen, provided they are compatible with common European objectives ”.
The “observations” of the former prime minister, on the one hand, refer to the execution and, on the other, to the fact that “the expenses to be made must be mainly investments me reforms. Are not enough incentives, that without being excluded they are not a priority ”. The reference could be to super bonus building that according to the latest draft of the plan would absorb 22 billion. “Then there are some expenses that the EU Commission in general does not consider acceptable: those that damage the environment or tend to favor fleeting consents. This type of expense is not included in plans financed with common debt. This means – continues Gentiloni – that if governments draw up plans with these interventions, they will be reviewed by the EU Commission ”.
Finally, when the rules of the Stability pact? “We will decide between April and June. It is necessary to await the national ratifications of the Recovery and to have more clarity about the progress of the economies to assess the persistence of a serious crisis throughout the EU. Therefore, the suspension clause will remain valid until at least the end of 2021When asked if he thinks it will be necessary to modify the Pact, the Commissioner replies: “It is quite obvious that in 2022 we will still find a Average public debt in the Eurozone between 102 and 104%. And with an OECD average of around 130 percent. So the world after the pandemic will see a notable increase in public debt, while the Treaties speak of 60. Therefore, we will need a discussion about the new fiscal rules and also a transition phase to get there. It will not be an easy discussion between EU countries, but it is necessary: we are no longer in the conditions of the Maastricht Treaty era “.
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