Tuesday, January 27, 2015

Meeting Schaeuble-Padoan, Soru: “The economic governance goes … – Tiscali

Meeting Schaeuble-Padoan, Soru: "The economic governance goes … – Tiscali

“It’s been just two days after the victory of SYRIZA, but the warning greek seems already water under the bridge for the Germans. The comparison between today’s finance ministers Schaeuble and Padoan resurfaces once again the stark between reformism and conservatism in Europe, “commented Renato Soru, MEP of the Democratic Party (PD), the meeting between the ministers of Germany and Italy at the Commission’s Economics and Monetary Affairs of the European Parliament in Brussels. The agenda was the revision of the constraints of the 2-Pack and 6 Pack (packages of measures just behind German pressure made more stringent, the Stability Pact), under discussion since the launch of the new policies of flexibility and growth with the “Communication on Flexibility” and Plan of European investments.

The policy of rigor – “Behind the facade openings,” continued Soru “once again Germany has entrenc hed behind the defense policy of rigor which proved to be an aggravating factor of continental economic crisis. ” “Schaeuble,” noted the former president of the Region of Sardinia, “spoke of the rules as an essential element for the maintenance of confidence, even hailing as a success programs imposed by the Troika to several countries, including Greece in fact.” “I find it ironic,” said the MEP “which refer to the trust as an expected result of the rules, when it is clear that the rules are themselves to be inspired by a lack of confidence on the part of some Nordic States to the United peripheral and Mediterranean Union “.

The trust and the rules – About trust and rules, has spurred Soru: “We need to dispel definitely a narrative of good and evil which no longer holds in reality . Take the case of Italy, often described as the student who does not do their homework: the primary surplus in the Italian public finances is instead among the highest in the world and the most stable in the last 20 years between the United States of ‘European Union. In 2013 the primary surplus as a percentage of GDP is the second highest, behind only Germany (0.16 percentage points) and equal to twice Austria, which ranks third in this ranking of countries virtuous “.

The image of Germany – “Even the image of Germany as a country which complies with the rules is not totally accurate. On several occasions it was Berlin to not respect the agreements made in the aftermath dell’unificazioni and again in 2003-2004. And today Germany benefits than its neighbors by maintaining a high surplus. Avoiding to increase wages and investments as prescribed by the European Commission, Germany increases its competitiveness at the expense of others and in addition enjoys exceptionally low yields on their debt. ”

The conclusions of Soru – In conclusion, “Italy, France, the Mediterranean countries, especially Greece – concluded Soru – not seek or the distortion nor the ‘total absence of rules, but only that they provide anti-cyclical mechanisms adapted to cope with the economic hardship. Ask to be able to make the necessary reforms without changing your social status or exacerbate the economic differences among its citizens. They demand a symmetrical convergence between European countries involving corrections specular struggling countries and countries in growth and economic governance that is agreed between the Member States and not imposed by the economically stronger; Germany, as well as Italy, is just one of 28 member states. “

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