Aware of the social unrest, we will intervene
«We are very aware of the social unrest, especially for those who fear the impact of inflation and we are ready to intervene. We have already done so in the recent past, 15.5 billion have been allocated – recalled Draghi -. In the coming weeks we will better understand the dimensions of the intervention needed and how to finance it ».
Producing in Italy is worthwhile, not dramatizing
According to the prime minister, producing in Italy “is worthwhile”, and to prove it just “look at last year’s profits”. Draghi thus answered the question whether or not it is still worthwhile to produce in Italy, as some entrepreneurs complain. Draghi invited us not to dramatize the Italian situation, because “we think that we are worse than the others”, or that “world destinies have a greater impact” on us, instead “raw materials are lacking in everyone in Europe, cement is lacking in everyone and forecasts tend to be negative almost everywhere ».
Alongside the head of the government, Minister Franco. The Economics and Finance Document outlines a macroeconomic framework characterized by a marked slowdown (GDP will slow down to + 3.1% this year, against the + 4.7% estimated in the Nadef in October), a progressive deficit reduction, and a gradually repaid debt.
Franco: prudent on deficits, but enough for an expansionary maneuver
“The performance of the accounts last year was better than expected, this year is also pretty good”, explained the minister of the economy Daniele Franco. The government set the trend deficit of 5.1 and confirmed the Nadef public finance targets of 5.6%. “A choice of prudence,” said Franco, who in any case grants a “margin of action of half a point product”, which will be used in an “expansive maneuver to push growth”. “The document – recalled the head of the Economy – was approved slightly earlier than the normal deadlines to be preparatory to other economic policy interventions”.