The alarm of Bank of Italy on the Italian economy on the eve of Easter It's not a ritual event. It may also be that many Italians, traveling for the Easter holidays, didn't fully realize it, but that alarm about the risks of inflation and stagnation, not to mention recession, in the event that the conflitto in the Middle East were to drag on and the price of oil and gas were to soar, it is a very clear message to the Prime Minister Giorgia Meloni. Which means. "Dear Giorgia, floating is no longer enough" and it's time for the Government to change the narrative and tell Italians the truth. Rather than imagining a budget maneuver with an electoral flavor for next year. The timing is also no coincidence because the Government It's the eve of the Economic and Financial Planning Document, which will inform the next budget, and rather than electoral handouts, Italians will likely have to prepare for sacrifices. The Bank of Italy did well to shake the government out of its torpor, but now it's Meloni's turn to act. There are no more excuses.
The Bank of Italy's warning about the Italian economy is a clear message to Meloni: floating is no longer enough.
The Bank of Italy's Easter Friday warning about the Italian economy removes any alibi from Prime Minister Meloni and urges her to tell the truth to Italians and prepare a budget plan that doesn't just float but takes the bull by the meat and attacks the country's problems: fewer electoral handouts and more reforms.
Franco Locatelli
Founding partner, administrator and managing director of FIRSTonline. Milanese by birth, he has always worked between Milan and Rome. He began planning an online journal of economic and financial information the day after its release, in the spring of 2010, from Il Sole24Ore, where he spent more than 25 years, was head of the Finance and Markets editorial staff and columnist and commented on the most important economic and financial events since the mid-2014s. For the publisher Olschki he wrote two histories of local banks in Tuscany, the first of which with the art historian Antonio Paolucci. In XNUMX he published with Ugo Calzoni the essay "Imperi senza dinastie" published by the Massetti Rodella press company. The President of the Republic Sergio Mattarella awarded him the honor of Knight of Merit of the Italian Republic
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