Giannola on Draghi and Mezzogiorno

(by Adriano Giannola president Svimez) "The analysis that the then Governor of Bankitalia Draghi made already 11 years ago regarding the fact that regional policies cannot replace the proper functioning of ordinary institutions is entirely acceptable.", Comments SVIMEZ President Adriano Giannola, according to whom"regional policies are not the main way to close the gap between the South and the Center-North. It is necessary to direct the commitment above all on general policies, which have objectives referring to the whole country, to guarantee a uniform framework, a uniform climate: schools, hospitals, public offices that ensure common standards of service from one end of Italy to the other.".

According to President SVIMEZ, "it is not without significance to go with the memory to an important act of his mandate as central banker when, on 26 November 2009, he presented an important work by the Bank of Italy on the South".

Finally Giannola emphasizes that "the central theme that Europe poses to Italy in granting the 209 billion from the Recovery Fund is precisely the clot of inequalities, disintegration, enormous waste of potential that have as their main, but not solitary, name "Mezzogiorno" and which, in the years, have fueled a general heavy retreat of the country giving rise to that second gap with the EU of which it has not been politically correct to speak of".

To bridge the north-south divide, a general policy is needed