He couldn’t have sent a more direct message than that, from Sao Paulo to Frankfurt. Foreign Minister and Deputy Prime Minister Antonio Tajani has decided to go on the attack against the governor of the ECB, Christine Lagarde.
“There is a problem regarding rates. We pay more in interest on public debt than we spend on healthcare. The time has come for Mrs. Lagarde to finally lower rates more substantially.” Tajani spoke at an event in Sao Paulo, during his mission to Latin America.
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edited by the Economics editorial team
“More courage is needed – continued Tajani -. she gets angry and says she is independent. The Central Bank is independent, but I am free to express my ideas and say what I think: if we want to grow, in this phase we need to decrease the cost of money”.
Tajani: “Work to reduce the tax burden”
“We must continue to work to reduce the tax burden, because the only recipe for growth is to reduce taxes.” This was stated by the Deputy Prime Minister of Foreign Affairs, Antonio Tajani, at an event in Sao Paulo with a large representation of managers and businesses.
“Also to reduce public debt – he continued – we must reduce the tax burden and focus on growth”
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