(by Massimiliano D'Elia) Italy out of the G7? No longer a bogeyman but perhaps a sad reality. The news was revealed yesterday by Luigi Bisignani on La Stampa, where it is highlighted the existence of a strictly confidential note which runs among the representatives of the Italian desk of the ECB. The document describes the Italian economic situation with a decrease in GDP from -9,1 to 14 percent. This, compared with -5,6 per cent in Germany and Brazil. As regards the debt / GDP ratio, the Italian deficit should well exceed 150 percent. Economic values that in the not too distant time saw the intervention of the Troika as commissioner a country that is unable to make ends meet. To confirm the unfortunate Italian economic situation are the estimates of the State General Accounting Office which for 2021 foresees 100 billion less tax revenues.
With such a “muddying” perspective for Italy, those who should move the country from the “ford” stall and ask for suggestions from the best Italian and international minds, inventing the “States General”. A forum that will have to express the Plan of Plans to be presented in Brussels to convince the Euroburocrats to grant loans in the various and tortuous forms into which they have been divided - Mes, Sure, Bei, ECB and Recovery Fund.
The Italian Plan of Plans should rest on the points of the Colao Plan, the latter which has convinced no one at all. The best definition of Colao Plan the vice president of the EU Commission gave it Valdis Dombrovskis"a mere list of suggestions without a deadline, but above all without an allocation of available resources ".
To the General States the President of the Council, Giuseppe Conte, however, declares himself satisfied even if Ursula von der Leyen and Ignazio Visco, remarked in front of everyone, only two of the main Italian "in" to be reformed, the public administration and justice. A sensational discovery!
Tale on several occasions he said: "If we don't have concrete projects, we don't go anywhere. We do not want to waste even one euro for the relaunch of the country, we will not be satisfied with restoring normality, we do not want to restore the status quo but to improve the country. Italy will have the courage to restart".
The Italian premier highlighted that "the productivity gap of the country with respect to the EU average must be bridged and the plan we are developing is divided into three strategic lines: modernization of the country, ecological transition, social, territorial and gender inclusion. We are working to have a more efficient, digitized public administration. We need to ensure that existing digital technologies for everyday life can increase productivity". What beautiful words.
The president of the Republic, Mattarella is more pragmatic and asks for more concreteness: "There is a widespread desire for the future. These are days of commitment and reflection. New ideas are required to respond to unexpected challenges. The ongoing exploration of the proposals of Italy's economic, social and cultural forces, underway since these days, must be able to achieve concrete results ".
The governor of the Bank of Italy is also on the same wavelength, Ignazio Visco that he too asks for concrete actions highlighting the negative prospects of Italian economic data in the face of an underground economy that makes us unique in Europe.
The president of the EU commission, Ursula von der Leyen: "We need to reduce bureaucracy, protect public works from organized crime, tackle a youth and female employment that is too low. It is impossible to build a successful economy without young people and women. A substantial reform of the tax and justice system is needed ". But it goes?
Christine Lagarde"Central bank action will be more effective for every euro spent only if structural reforms are implemented, from modernization of the administration to digital infrastructure". Here are the structural reforms and not the subsidy policy.
As we have all seen directing the choices of the Government, all reciting the same "poem", programmatic lines that we have been repeating for some time and that we all know. There was no need for the Colao task force, that is, there was no need to waste time with the States-General to reaffirm what we already know and suffer the shame by publicly taking the "beating" of foreign interlocutors who already have a "top secret" document in their hands for degrade Italy and get it out of the group of the 7 most virtuous world economies.
Casalino's strategy
Faced with a very uncertain future for the country, we continue to play with political polls. A Casalino strategy, in my opinion, to make everyone understand that if Conte falls, everyone will lose, leaving the country in the hands of the center-right. This time it is Pagnoncelli who wanted to weigh the political future of Prime Minister Giuseppe Conte. Thanks to the Covid-19 emergency, the Prime Minister's approval rating reached 61 percent. In reference to a possible party headed by Giuseppe Conte, a approval of 14,1% would be obtained, ranking fourth after the League (23,2%), Fdl (16,6%), Pd (15,8%) , preceding the Cinquestelle (12,7%). Most of the votes that would go to the Count List would come from the M5S and the Democratic Party.
A very interesting fact is that if Conte were to lead the Movement of the Stars, the pentastellati would go to 29,9%. This projection is in some ways explosive within the Movement because it would nullify the ambitions of Di Maio, Di Battista and Crimi. It is no coincidence that Grillo and Casaleggio support Giuseppe Conte talking about postponing the decision of the Grillina leadership to the outcome of the consultations of the Rousseau platform.
Bingo, the Rocco of Palazzo Chigi won… Conte future head of the 5 Star Movement: PD sunk.