There Political Economics of the government driven by Giorgia Meloni it’s not bad. This is not a partisan impulse or a prophecy linked to the horoscope, but a fact. And the confirmation comes directly from the Financial Times, which in an in-depth analysis highlighted the comparison between Italy and Germany. The most striking fact concerns the spread between the cost of the ten-year loan in Rome and Berlin, which fell to 1.16 percentage points on Thursday. In other words, it is the lowest level for over two years. With all due respect to the left-wing owls.
News that will cause some heartburn on the left, especially among those who had prophesied a wave of populist spending and a break with the European Union. Meloni has quashed these predictions, taking the path of excellent management of the tax authorities and establishing a very solid relationship with Brussels. The much loved – always on the left – Germany, on the other hand, has to deal with an endless crisis. The data is clear: the Italian economy grew in the last quarter of last year, while the German one contracted. And this trend could continue: The Bank of Italy expects growth of 0.6% this year, while the Bundesbank expects only 0.4% for Berlin.
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