what he said about the “veto” to the Stability Pact

Everyone is tearing their clothes at the hypothesis, for now such, put forward by Giorgia Meloni to veto the negotiation on the European Stability Pact which is currently progressing in Brussels. The Italian Prime Minister …

what he said about the "veto" to the Stability Pact

Everyone is tearing their clothes at the hypothesis, for now such, put forward by Giorgia Meloni to veto the negotiation on the European Stability Pact which is currently progressing in Brussels. The Italian Prime Minister had dinner with Olaf Scholz And Emmanuel Macron, these are hectic hours both for the Ukraine issue (Orban has already said no to an accelerated enlargement despite Europe’s billion-dollar offer: “Kiev does not satisfy three out of seven requirements”) and for that pact which is considered too punitive for the Countries with high debt such as Italy, with Rome and Paris on the opposite side of Berlin. Italy could veto, the left is indignant but among those in favor – listen, listen – there is also Mario Monti.

Negotiations in Brussels

The discussion is open and today’s European Council has been postponed for a few hours in the hope of ironing out differences before we all sit around the same table. As mentioned, Meloni is ready to go for broke (as already announced by Giancarlo Giorgetti and confirmed by Matteo Salvini) in the event that mediation between frugal states and doves is not reached. What is surprising is that he is also of the same opinion Mario Monti, former Italian prime minister but above all considered by many to be the father of Italian-style austerity. In the Senate, the senator for life had in fact rebuked the EU for the “superficial and dangerous” way in which it talks about enlargement and above all for an “unacceptable” stability pact, urging the prime minister to also take into consideration the possibility of breaking the bank “in case of necessity”.

Monti supports the veto on the stability pact

Mario Monti then clarified his position on the stability pact in an interview with TgCom24. “Europe – claims the senator – is anchored to the past because when the Stability pact was born in 1997 and was more or less adequate: it had the aim of convincing even people with strong currencies such as Germany and the Netherlands that the single currency would also bring a certain budgetary and monetary discipline. Without that pact we wouldn’t have the euro.” But today the situation changes. “Now many years have passed and we should seize this opportunity to give Europe an image of Italy that is not that of a rear-view mirror but something more particular. Already then I fought at the Commission table of which I was a member so that there was more space for public investments to be distinguished from current public spending, it was the moment to push this differentiation forward”. According to the former prime minister “a hodgepodge has been created”, difficult to understand even for experts, and therefore essentially “incomprehensible for public opinion”. In short: if Meloni “opposed Italy’s veto to the stability pact” it would be “a good thing to send the commission back to the planning table”. Word of Mario Monti.