More flexibility for growth, less austerity. Italy insists and aims to act on the investments to be separated from the Stability Pact with the EU. This is the shot in the arm that the Renzi government would have in mind in the complex negotiation that will open after Brexit. The guidelines were indicated on Monday evening after trio Hollande-Merkel-Renzi summit.
The hypothesized figures - completely unofficial - fluctuate from 5 to 15 billion and they are still theoretical but indicate the will and the extent of the commitment on which the Italian government is aiming. Development Minister Carlo Calenda would be in charge of pushing to exclude investments from the European pact. In this way, a precious supply would be obtained, government sources observe, to insert measures such as the Irpef cut in the maneuver for 2017, therefore anticipating the timing of the original program which aimed at reducing personal taxes in 2018. On Monday, Prime Minister Renzi made clear his determination in the battle for growth when he warned that "the deficit but also the surplus must be considered a problem of some countries". A clear message addressed to Chancellor Angela Merkel.
But it is above all method and political will that Renzi speaks on the first 'post-Brexit' Monday. In the usual communications to the Senate and the Chamber that preceded the European Council, underway on Tuesday in Brussels, Renzi made it clear the meaning of the message that he would later reiterate in the joint declarations with Merkel and Hollande on Monday evening in Berlin. "You can't turn a blind eye" but you have to respect the will of the British people, giving substance to Great Britain's exit from the EU, without "spend a year talking about procedures". And then “turn the page” in the EU setting.
