Home » Pact for recovery, Draghi accelerates. But the minimum wage remains out

Pact for recovery, Draghi accelerates. But the minimum wage remains out

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ROMA – It is a really complicated month that opens tomorrow with the meeting at Palazzo Chigi between Mario Draghi and the union leaders. An obstacle course made up of unavoidable deadlines, from the launch of the Nadef to the budget law; of reforms that delay, taxation and competition above all; of control booths to be brought together on the implementation of the NRP. The beginning of an autumn that promises to be very hot. Also on the social front: “If the government does not give us answers on taxes and pensions, we are ready to mobilize,” the head of the CGIL Maurizio Landini threatened yesterday.

Formally convened to discuss health and safety in the workplace, the summit with the confederal secretaries could therefore offer the Prime Minister the opportunity to incardinate the famous Pact for recovery launched on Thursday at the Confindustria assembly. The headquarters to verify, after the unanimous yes of the companies, the willingness of CGIL, CISL and UIL to build together a shared development perspective “for the benefit of even the weakest and the next generations”, Draghi specified in his speech, with the ‘goal of making the 6% growth forecast for this year structural.

However, there will be no mention of the legal minimum wage – a tool that, among other things, both industrialists and trade unions do not like, and at the moment does not appear on the government agenda – although it is among the most discussed issues by political forces. With Pd, 5S and Leu ready to present it to the premier as one of the pillars of the pact for recovery.

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However, it could only be a matter of time, linked to the outcome of the European debate on the EU directive which aims to establish uniform rules for all EU countries. Minister Andrea Orlando has already lined up Italy on the yes side, alongside France and Spain, against the Northern front who decided to stop it instead.

The translation into national legislation would then take place with stringent stakes, “integrating the bargaining with the instrument of representation”, specifies the owner of the job. Possible on the hypothesis that the unions had agreed with the previous government: “Make the minimum wage coincide with the contractual minimum,” recalls Uil leader Pier Paolo Bombardieri.

A necessary measure also for the INPS president: “Young people and women are the categories most affected by the pandemic and the minimum wage can help them above all”, is the opinion of Pasquale Tridico. Not only “it generates growth and productivity gains”, but “wherever it has been introduced it has allowed improvements.”

In the meantime, however, there are more urgent deadlines (and problems) to be addressed. Starting with the delays accumulated on the tax authorities and the competition, which had to be dismissed by September and instead in all likelihood will be postponed to the second half of October, immediately after the ballots. The “thorny knots” reported a week ago by Undersecretary to the Presidency Roberto Garofoli still remain to be resolved. The numbers tell the government’s effort to climb the mountain of commitments undertaken with Europe to achieve the recovery objectives: of the 27 reforms planned by the end of the year, 8 have so far been approved; only 5 investments made out of 24.

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The only certainty is that the day after tomorrow the government will launch the Nadef, the update note to the Def which, in outlining the public finance framework, should indicate GDP growth of around 6% for 2021 (two points more than the trend of the Def) and for 2022 higher than 4. Consequently, the deficit / GDP ratio should stop at around 10% and the debt / GDP remain stable at around 156%. The Draft Budgetary Document must then be sent to Brussels by 15 October, this year easier to fill in, as it is a sort of “Bignami” of the NRP.

Much more decisive is the deadline of 20 October by which the budget bill, or the article of the maneuver, must be dismissed. Where could a “taste” of the reforms that have not yet been implemented could end. The document should in fact contain the revision of the shock absorbers, the gradual exit from Quota 100, the extension of the superbonus, a first review of the citizenship income and possibly – given the lengthening of the time of the fiscal delegation – an advance to cut the wedge from trigger as early as 2022.

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