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Challenges and Crisis in Italy 2023: A Comprehensive Assessment by Newspaper Director

It could have been worse, says the director of this newspaper a first assessment of this 2023. But there is a long way to go from here to believing that it went well. Of course, the prime minister keeps the bar straight in foreign policyseems to have made peace with Europe, the Pnrr money arrives on time, Giorgietti keeps spending under control, the employment numbers aren’t that bad. And we also made the agreement on the Stability Pact. It’s not a little. So Everything OK? For nothing. For a few material factors and a couple of immaterial ones, which perhaps weigh even more than the former. In the public debate and in the government’s choices there is a lack of urgency and perhaps understanding of the state of creeping crisis in which this country finds itself and not now. Just one fact that sums them all up: wages that have not grown for years and years and which make Italian workers almost the worst paid in Europe. Italy has become impoverished and had it not been for European funds and the ECB would have been on the brink of bankruptcy several times. The causes? Facts that this newspaper knows very well and beats on every day. The last time with the interview with Ambassador Benassi on 21 December. Facts that have precise names. Lack of growth, productivity that doesn’t improve, public spending that continues to increase, public debt financing risk always present, interest costs also always increasing towards and beyond 100 billion, all money taken away from investments and social spending. These are the facts, heavy as boulders, that weigh on the Italian economy.

It could have been worse, says the director of this newspaper a first assessment of this 2023. But there is a long way to go from here to believing that it went well. Of course, the prime minister keeps the bar straight in foreign policyseems to have made peace with Europe, the Pnrr money arrives on time, Giorgietti keeps spending under control, the employment numbers aren’t that bad. And we also made the agreement on the Stability Pact. It’s not a little. So Everything OK? For nothing. For a few material factors and a couple of immaterial ones, which perhaps weigh even more than the former. In the public debate and in the government’s choices there is a lack of urgency and perhaps understanding of the state of creeping crisis in which this country finds itself and not now. Just one fact that sums them all up: wages that have not grown for years and years and which make Italian workers almost the worst paid in Europe. Italy has become impoverished and had it not been for European funds and the ECB would have been on the brink of bankruptcy several times. The causes? Facts that this newspaper knows very well and beats on every day. The last time with the interview with Ambassador Benassi on 21 December. Facts that have precise names. Lack of growth, productivity that doesn’t improve, public spending that continues to increase, public debt financing risk always present, interest costs also always increasing towards and beyond 100 billion, all money taken away from investments and social spending. These are the facts, heavy as boulders, that weigh on the Italian economy.

Then there are the “intangible” factors. Is it possible to say that those in government and those in opposition have a clear perception of this situation and have put in place adequate initiatives? Prime Minister Meloni had raised hopes in her inauguration speech, but then nothing. Indeed, a series of mostly senseless acts, which lead to the country’s agenda towards insignificant pointsif not for a certain inflection in identity, which manifests weakness rather than strength. On how to make this country grow again, a complete desert of ideas. And this is the truly worrying “immaterial” fact. It would be better to remain silent about the opposition. It is said that Conte constantly changes his mind. I disagree. To change an idea you must first have some, which is not the case. The Democratic Party is chasing an Italy that does not exist, except in small minorities. His ability to interpret and push what were once called Italy’s productive forces in those parts is not only zero, but it seems to be of no interest at all. Many voters of that party, faced with the hypothesis of an alliance between the two, make spells and various superstitious gestures, waiting for a crisis of conscience to arise. Overall, a public space for debate is thus designed that is completely decentralized with respect to the need.

There is furious discussion about where to put those four pennies still available, assuming that they exist, or pretending that they exist, chasing this or that electoral segment and using the only thing that Italian politics has really been able to do for some decades: plunder public spending. All of this, and this is the truly worrying element, in a political climate of constant brawling and lack of respect for the opponent, of exaltation of the spirit of faction. It is surprising that the prime minister does not see how much space and opportunities there would be to try to unite the country, doing a service to it, but also to its political party and perhaps even improving the quality of the opposition, if it were forced to discuss serious things , rather than the history of the first half of the last century. It is said that the happiness of a country depends on two sets of factors. Private affairs, family, work, health, if not all worsening, certainly not in good condition, e.g public spirit, i.e. the perception of living in a country that is united at least in fundamental things and which communicates a growth plan for the future. I don’t really think we’re there. Maybe we are minimally equipped to not concede goals but from there we can see some good play. And when you only play defense, sooner or later you get a goal. Maybe even an own goal. Which arrived on time with the vote on the ESM. A year spent by Giorgia Meloni to gain credibility in Europe thrown away by a position that only serves to settle scores in the coalition. The road for the Italian prime minister to become a statesman is still very long.

2023-12-26 05:05:56


#Material #immaterial #reasons #rejecting #Melonis

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