The Limited Times

Now you can see non-English news...

European recovery fund: Italy, torn around this providential manna, endangers the whole edifice

2021-02-02T17:49:46.820Z


With 209 of the 750 billion euros in loans and grants planned, Italy is the main beneficiary of this plan focused on solidarity between the Twenty-Seven.


Will the "savior of the euro" arrive at the bedside of sick Italy?

The name of Mario Draghi, 73, president of the European Central Bank until 2019, is mentioned to succeed Giuseppe Conte, whose government fell last week after the withdrawal of support from centrist Matteo Renzi.

In reality, apart from Renzi himself, who pushes this Draghi card and the financial markets, not many people believe in this hypothesis.

Conte seeks to form a new coalition.

Read also:

Italy in search of a government

The fact remains that the Italian political crisis shakes the delicate edifice of the European recovery fund.

Italy is the main beneficiary of this plan focused on solidarity between the Twenty-Seven.

It is to receive 209 of the 750 billion euros in planned loans and grants.

"Italy will have a decisive role in the success or failure"

of this first experience of common debt, had warned in August the European Commissioner for the Economy and former head of the Italian government, Paolo Gentiloni.

This article is for subscribers only.

You have 67% left to discover.

Subscribe: 1 € the first month

Can be canceled at any time

I ENJOY IT

Already subscribed?

Log in

Source: lefigaro

All news articles on 2021-02-02

You may like

Trends 24h

Latest

© Communities 2019 - Privacy

The information on this site is from external sources that are not under our control.
The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.