Pensions, Draghi takes sides against Salvini: better not to touch the Fornero law
Of Filippo Caleri
And in addition to the ECB, the IMF has already raised the red card against a revision of the current legislation
The European Central Bank he decided: the Fornero you can't touch it. Or rather if you touch it it will be painful (financial) in the long term. A Matteo Salvini, which built part of its electoral success on its scrapping, ears will be ringing. And the challenge that, in a hypothetical government with the League within, is very difficult to find in front of you. Considering that other international bodies such as the International Monetary Fund they have already raised the red card against a revision of the current pension law.
In a recent study three IMF economists Michal Andrle, Shafik Hebous, Alvar Kangur and Mehdi Raissi titled “Italy: Toward a Growth-Friendly Fiscal Reform” they explained that at the moment our pension expense, despite the criticized and harsh Fornero reform, with the 16% of GDP is the second highest, surpassed only by Greece. A consideration that effectively stops Salvini's scrapping ambitions. He also joined the IMF Draghi He immediately made his thoughts on the matter known: “Many countries have already implemented regulations reforms of pension systems after the sovereign debt crisis, although the pace of reforms has slowed recently. Further reforms in this area are essential and must not be delayed, also in light of economic policy considerations”. Read More
