″At the time of the introduction of the bail-in in Italy everyone was against it. The minister at the time was Saccomanni who was practically blackmailed by the German Finance Minister with the threat that if Italy did not accept the new system the news would spread that our banking system was close to bankruptcy". The Minister of Economy Giovanni Tria said this while speaking at a hearing at the Senate Finance Commission. "I don't see the possibility that it can be abolished in the short term", Tria clarified, explaining that he had used an "evocative but unfortunate" expression. The bail-in provides that, in the event of a serious banking crisis, the Bank of Italy can activate measures for an internal rescue, that is, calling the shareholders into question, the bondholders and even the account holders of the bank itself. In practice using taxpayers' money and limiting the possibilities of state intervention. The philosopher Paolo Becchi he recently published his latest book, Sovereign Italy, which tells of how Italy has gradually lost its sovereignty in favor of European bureaucracies. Il Speciale interviewed him.
You heard Minister Tria's statements? As he comments?
“This is nothing new unfortunately, We have been under the blackmail of the markets for years now, of the European Central Bank and above all of Germany. We saw it in 2011, when an elected government was brought down through the weapon of the spread dto citizens to replace it with another imposed by Brussels. So nothing new under the sun. To Tria's credit he was extremely transparent about this. This is news that he could have kept confidential and instead wanted to make public. This does him credit.".
Because he did it?
“I don't know. Maybe he thinks that something similar could happen in the near future that could perhaps concern him personally and he wanted to get his hands on it? Maybe, We will see! However, he was right to reveal this information which is very serious, and which demonstrate once again that we are a country with limited sovereignty. Not only are we forced to submit to the diktats of the markets, but even to those of the German government".
He sees a new tug-of-war between Italy and the EU on the horizon, also in light of the new rejection by the European Commission of the budget's accounts?
“It's very likely, but what is most disconcerting is the media's silence on this matter. In a normal country, Tria's statements would have occupied the front pages of all newspapers and the opening hours of television news, and instead the news was relegated to the internal pages as if it were a completely irrelevant fact. On the other hand, we have filled the pages with the story of the 5 Star parliamentarian Sarti, ended up at the center of controversy due to the lack of reimbursements and some compromising wiretaps but without any criminal relevance. The affair is entirely internal to the M5S and decidedly insignificant compared to what Tria said".
In your book Italia Sovrana you dedicate ample space to the theme of the loss of sovereignty. But how can it be recovered?? The government can do nothing to abolish bail-in? The League says that we need to wait for the European elections when the sovereignists will have the weight and strength to change the rules. He agrees?
“But why don't we start changing the rules in Italy? Why don't we start introducing minibots (small denomination government bonds intended for the payment of public administration debts ed.) given that they are also provided for in the government contract that the yellow-green majority evokes on everything? Why do we keep postponing all these things by repeating that we need to wait for the European elections? Because there is no longer any discussion about abolishing the balanced budget, while time is wasted on many constitutional reforms of little importance such as the reduction in the number of parliamentarians? Right, the European elections are an important moment, we hope that the sovereignists can have a great result, but what do you think could change? The European Parliament is nothing more than a deferred notary. The sovereignists will be able to have a voice and weight on the choice of the name that will lead the European Commission, they may try to break the alliance between the People's Party and the Socialists, but let's not expect epochal revolutions. The European elections are not the cure-all for all problems. And to propose the abolition of the obligation of a balanced budget in the Constitution also through referendum, there is no need to wait for the fate of the EU".
source – https://www.lospecialegiornale.it/2019/03/01/banche-tria-e-ricatto-ue-becchi-finalmente-la-verita-governo-si-muova/