Minister of Economy Giancarlo Giorgetti has been in the Chamber of Deputies since this morning for the discussion of the Def, and will be present for the vote around 1:30 pm. The discussion on the Document of Economics and Finance is also underway in the Senate, where Giorgetti is expected to go immediately after the vote in Montecitorio, ensuring his presence at the time of the vote in both Chambers. The new EU Stability Pact approved yesterday “is certainly a compromise, it is not the proposal that I had put forward at the European level,” but it still represents “a step forward compared to the budget rules that would have returned in force in 2025,” said the Minister of Economy in the Chamber during the discussion on the Def. “Certainly this stability and growth pact does not exactly meet the criteria of those who believe that growth depends on the ‘Lsd’ model, that is, looseness, debt, and subsidies. I still believe that the growth model is the one that made this country great in the post-war period, which is the one that goes through sacrifice, investment, and work,” observed Giorgetti in his response in the Chamber.
“Those who want the programmatic can find it,” said Minister of Economy Giancarlo Giorgetti, speaking in the Chamber in response to the Def which contains only the trend of public finance. The minister mentioned three directions in which the government is moving. Employment, he explained, is at its highest because “we have invested in work and not in subsidies.” In addition, “in the last budget law, we found additional resources to reconcile motherhood with work. We will continue in this direction because it is essential, because with the birth rates of this country, there is no welfare system that can hold up.” Finally, “all our efforts, starting from the decontribution, have gone to protect low incomes and large families.” The Government “has earned the trust of the people first of all, seeing the election results, it seems to me that there is; of Parliament, and it seems to me that there is; and also the trust of the markets, which is important with a debt like Italy’s, we have earned it,” said the Minister of Economy.
In response to a question, Giancarlo Giorgetti also addressed the issue of digital financial services in Italy, noting that the country has significant potential in this sector and highlighting the importance of maintaining a balance between innovation and regulation. He emphasized the need to support digital financial services in order to promote economic growth and job creation, while also ensuring consumer protection and financial stability. Giorgetti expressed a commitment to working with relevant stakeholders to develop appropriate policies and regulations that will enable the digital financial services sector to thrive in Italy.
Overall, Minister Giorgetti highlighted the government’s achievements in economic growth, job creation, and family support, emphasizing the importance of investing in work rather than subsidies. He also emphasized the government’s commitment to balancing innovation and regulation in the digital financial services sector to promote economic growth while ensuring consumer protection and financial stability. By addressing these key issues, the government aims to continue earning the trust of the people, Parliament, and the markets, and to build a strong foundation for sustainable economic development in Italy.
