Report Wall Street Italia
After the collapse of the Morandi Bridge, which resulted in the death of at least 43 people, the Conte government has developed a maxi investment plan from 82 billion to renew Italian infrastructure.
Shortly after the collapse of the A10 viaduct in Genoa, the Minister of the Interior Matteo Salvini, leader of the League, attributed the responsibility for the catastrophe to the austerity policies imposed by the EU.
From there the idea of the yellow-green government was born: invest all the money necessary to ensure the safety of the roads, of the railways, of schools, of hospitals, regardless of the limits of the budget constraints deemed "crazy" by Salvini and other Euro-skeptical representatives of the majority.
At the same time the EU denied any culpability, recalling that the European Commission had actually assigned 2,5 billions of euros in subsidies to Italy between 2014 and the 2020 within the framework of piano Juncker aimed precisely at financing works to improve infrastructure or create new structures.
An investment project from 82 billions of euros
By resorting to the golden rule, the government temporarily authorizes itself to exceed budget constraints, but limited to investment expenses. The Italian coalition wants to take back the project of the previous government led by Prime Minister Gentiloni, which he predicted 82 billions of euros of long-term investments.
But the government's strategy for dealing with these huge expenses is not yet known.
Source: http://www.wallstreetitalia.com/italia-sfida-ue-con-piano-marshall-da-82-miliardi/?utm_source=newsletter&utm_medium=email&utm_campaign=Newsletter:+WallStreetItalia&utm_content=23-08-2018+italia-sfida-la-ue-con-piano-marshall-da-82-miliardi+primo-piano
