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Bonomi, review of the EU pact, differentiated targets for states

2021-06-23T12:52:15.145Z

We need a permanent Eurozone budget. Test bench recovery plan (ANSA)



"The European rules of the stability pact will have to be simplified through the introduction of clear objectives, targets to be achieved, perhaps differentiated between states, inviting governments to introduce counter-cyclical policies". This is what the president of Confindustria, Carlo Bonomi affirmed

in a video speech at the Italy-Spain Forum held in Barcelona

. "We must learn - he said - from the mistakes of the past and introduce a new economic paradigm that can favor recovery". Furthermore, a "permanent budget" of the Eurozone can no longer be postponed. For this the Recovery Plans will be an important test bed. 

The goal of "making the commission overcome a certain ideological attitude in the way in which the issue of sustainability is addressed (...) which must be declined in all aspects, environmental but also economic and social. The issue of competitiveness must be considered central". This is what the president of Confindustria Carlo Bonomi affirms who, opening the second day of the Italy Spain Forum, explains that "industrial revolutions have economic and social costs and we need to be clear about these. European objectives must be accompanied by measures to support businesses. in the transition process from decarbonisation to the circular economy ".

"Our companies compete on a global level with players who do not always share European climate ambitions - he added - This risks creating dangerous competitive distortions, weakening European industry on the global market and creating economic depression on entire territories".

Source: ansa

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