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Ferri (Lumsa): "Italy risks a new recession"

The Lumsa economist sees signs of recession in the performance of the Italian economy and criticizes both the counter-reform of the Fornero law on pensions and basic income which, instead of creating jobs, tends to "chronicize situations of exclusion"

Ferri (Lumsa): "Italy risks a new recession"

Italy risks a new recession: "The lack of GDP growth in the third quarter of the year is a sign that cannot be underestimated, especially since the international situation is also worsening". The professor supports it Giovanni ferri in an interview given to the Religious Information Service (Sir).

As for the budget law, Ferri believes that "the intervention on the Fornero law it is a big political mistake”, because “the Italian problem is not to compensate the relatively few elderly people damaged by austerity policies, but to give young people a perspective”. The vote, therefore, is "zero split".

Al CBI, on the other hand, "I would give it a six minus", because "it risks making situations of exclusion chronicle" and "people cannot be brought back into play only as consumers", but at the same time, according to Ferri, "it is a measure that it brings to everyone's attention the consequences of a society that does not grow and in which wealth is polarised”.

On the side of spread, the Lumsa economist points out that "mortgage rates are already rising" due to "months of muscular disputes with Europe", which "have not done us any good".

Finally, Ferri defines "inevitable" the reaction of the European Commission to the intentions of the yellow-green government. In any case, according to the Professor, "we must feel a great debt of gratitude towards President Mattarella who has managed to ensure a government for the country and is accompanying it with wisdom and with an eye always turned to dialogue and the common good".

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