An informal meeting for two hours in the Umbrian countryside, shortly after 9 am Tuesday. Matteo Renzi and Mario Draghi confront in person on the economic situation of Italy still in recession. And in front of a cool drink in private discuss the concern expressed by the president of the ECB for the uncertainty of structural reforms, which affects investment in Italy, and the path taken by the young premier right on that street: push on reforms like a madman, would ensure Renzi .
In September, comes in vivo of chapters such as labor, Pa, civil justice, infrastructure, and put them in the safe deal with the law of stability. Passages in which Renzi evening talks at Castel Porziano with the President of the Republic Giorgio Napolitano. The meeting between Renzi and Draghi would have to remain confidential. The prime minister has landed on Tuesday morning by helicopter to a football field of Po ‘Bandini, a village of Città della Pieve, where Dragon spends the holidays in his home country. But the safety device, albeit discreet, has attracted the attention of local reporters of Courier Umbria , which broke the news this morning.
No comment from Palazzo Chigi and the ECB, which has maintained a strict confidentiality about the contents of the interview. As long as it was not the same Renzi, on a visit to the construction site of the Expo in Milan, confirms: “ Yes, I saw the Dragons, I see it often “. The meeting, parliamentary sources said, would be fixed Monday. It would have been an opportunity for Dragons on the one hand, Renzi other hand, to explain the words spoken publicly last week and do an analysis of the situation in the light of upcoming events, Italians and Europeans.
When the Dragons last week for the first time he chanted words of caution concerned about the state of reforms in Italy, in the same speech in which he called for the “transfer of sovereignty” of all eurozone countries’ EU for structural reforms, those words are played to Italian ears almost like a warning of receivership. But Draghi would have explained that to Renzi the two steps were distinct , not composing an attack or a warning to Italy or to individual countries. “The Italian press has read the words of the Dragons in a key negative for Italy and so my ‘we do not commissariare’ (a phrase uttered in an interview with the Financial Times, ed) as a replica., But it is not so” , with the Dragons “was all in place before” the meeting, said Renzi reporters. Then ensure that Italy is not observed in Europe Special : “Not so,” we are not in the situation of 2011, when he signed with the Dragons Trichet a letter to the Italian government in which he asked reforms on time. “I was not here, I was the mayor of Florence,” he says with a smile Renzi.
The President of the ECB Italian Prime Minister had stressed that “agrees to Z” on the invitation not to linger over structural reform. I’m so agree, he said, that push like a madman on the agenda and I flooded the steps of Parliament. After the first go-ahead to reform the Senate, from the Council of Ministers of 29 August will resume running on structural reforms that affect the economy and on which the Palazzo Chigi is at work even in August. Unlock by Italy, the Pa, the labor reform (“Rewrite all together delegation to change the status of workers,” says Renzi refusing an ideological confrontation). Without forget special attention to the state of the public finances , in compliance with the European standards, and the need to intervene on cutting government spending.
“We will restore the pride in a country that needs it like bread, we’ll make it, will not leave the future to those who bet on failure ,” says Renzi in Milan. The reforms and economic issues, from the stability law that will be launched in the autumn, are on the table of the meeting of more than two hours that Renzi in the evening at Castel Porziano with the President of the Republic Giorgio Napolitano. The attention of the Quirinale for compliance with the parameter of the 3% deficit-GDP but also for public debt reaches a record high, it is also the attention of the president of the ECB.
If the Eurotower, say analysts, will decide to intervene in defense of the strength of the euro, maybe buying government bonds , wants to be sure that Italy will continue on the path reforms and the rigor of the accounts.
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