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“A unique opportunity for Italy to reverse the course of its economy, making it stronger and suitable for the future”. So the vice president of
European Commission Valdis Dombrovskis, a The print, speaks of the Recovery fund for our country. And on Mario Draghi: “An excellent captain who can complete this job”, as he is “able to stand firmly at the helm even during a storm” and “does not flee in the face of difficult decisions”.
“Italy is one of the countries most affected by the pandemic and its economic repercussions – explains Dombrovskis – and this is partly due to the importance of the tourism sector. Our winter forecasts say that a return of the economy to 2019 levels by the end of 2022 is unlikely ”. But he points out that “our forecasts do not take into account the impact of the Recovery and Resilience Facility”.
Then, he warns: “In order for Italy to undertake a stronger growth path, it is important to eliminate the existing bottlenecks in the public administration and in the business world”. With regard to the issue, in the past “we have had intense and constructive discussions with the Italian authorities on the draft plan. But, as with other countries, further work is needed to ensure that the plan reflects all relevant reforms and investments. And that it contains all the necessary information we need to arrive at a positive evaluation of the plan ”, concludes the deputy of Ursula Von der Leyen.
Source: Huffington Post Italy Athena2 by www.huffingtonpost.it.
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