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Passera: resistance to liberalisations, but we will go all the way

The Minister of Economic Development and Infrastructure at the conference of the Confindustria Study Center: "The banks that have dedicated themselves to the real economy are now taking a crazy hit" - In short, "we are in a recession, if anyone still had doubts" - The The most serious effect of this situation is "the discomfort associated with the world of work".

Passera: resistance to liberalisations, but we will go all the way

On the front of the Lliberalizations “we will go all the way”. These are the words of Corrado Passera, Minister of Economic Development and Infrastructure, who spoke today at the conference of the Confindustria Study Centre. "Many sectors are still in plaster", said the minister, who thanked "the many" who made themselves available, "a little less those who got in the way".

As for the banking sector, “today's emergency is called credit – continued Passera -. The rules of the EBA lack wisdom” and the lenders “that have dedicated themselves to the real economy are now taking a crazy hit”. The restriction of credit by the banks takes place, according to the minister, "not out of ill will, but out of objective impossibility".

In short, "we are in a recession, if anyone still had doubts. We're back in it, for reasons not ours. This crisis also comes from outside”, in particular from the “bad management” of the Greek crisis. In any case, "we must and can get out of this recession". Passera assures that "Italy has the numbers, the capacity and the foundations to be able to talk about growth".

The first knot to untie to give new impetus to the Italian economy is that of productivity: “We have to face it together and I'm also saying this to the unions. Without growth, rigor and fairness also become unattainable”. The most serious effect of this situation is “discomfort associated with the world of work, today close to non-sustainability”.

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