The President of the Italian Council resigned Thursday, raising fears of turbulence within the Union, while Italy is the first beneficiary of the European recovery plan.
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He only missed that! Between the war in Ukraine, the battle of the gas that Moscow leads to them, the pricing, the risk of recession and that of the return of the COVID-19, the Europeans hoped that Mario Draghi would remain in office. In recent days, they have observed with concern what was going on on the Italian political scene and which was going to lead to the resignation of the president of the Italian council, Thursday July 21.
“The ballet of the irresponsible against Draghi can cause a perfect storm”, warned, on Wednesday evening, Paolo Gentiloni, the commissioner (Italian) to the economy, in Brussels. “Of course” that the possibility of seeing Mario Draghi leave the head of the government “is not good news. In these times of crisis, we need continuity at the government level,” said his counterpart in the internal market, Thierry Breton , tuesday. “Europe needs leaders like Mario Draghi,” pleaded for its part, in a column published Tuesday by the site Politico , the Spanish Prime Minister, Pedro Sanchez.
When the former central banker had arrived in power in February 2021, Europe was delighted. After having in 2012, from a little sentence, saved the euro zone, plagued by the debt crisis, promising to “do everything that is necessary”, he could find the recipe to put Italy back on track, The third economy of the European Union (EU), deeply undermined by the health crisis, we wanted to believe in Brussels. Who better than “Super Mario” would be able to implement the reforms that the Commission was waiting for to pay the funds to which Rome can claim (68.9 billion euros in aid and 122.6 billion euros in loans to improved rate) within the framework of the European recovery plan of 750 billion euros?
Italy is (with Spain) the first beneficiary of this plan designed to help twenty-seven to cope with the ravages of the pandemic. In this context, the success of this historic initiative – it is funded by a common debt in the twenty -seven – largely depends on Rome. That Italy takes advantage of this windfall to reform and start its economy on new bases and it is the whole EU that will take advantage of it. That it fails and it is certainty that Berlin never again, The Hague and the other “frugal” will repeat this experience of European solidarity. From this point of view, “the future of Italy, it is the future of Europe”, confided to the world, recently, Jean Pisani-Ferry, professor at the Institute of Political Studies from Paris.
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