The SURE programme has not even been announced yet and I already see fake news circulating on the web. On the basis of the Commission’s proposal published yesterday, I’ll try to answer some questions/doubts. Let me add a personal comment, placing myself between those who believe it is an historic decision and those who think…
As anticipated in the past few hours, today the European Commission has delivered a new set of proposed measures to counter the Coronavirus emergency. The most significant part concerns the “SURE” Fund to support employment, but there are also other initiatives. Please find below the full text of the press release with all the details.…
Following last week’s meeting with the Coordinators of the ECON Committee to discuss the Coronavirus emergency, it has been decided to begin a series of meetings between the ECON Coordinators and the Presidents of the main European institutions that are engaged in tackling the economic implications of the pandemic. Today we have inaugurated this cycle…
Below is the text of the statement produced by the ECON Committee that I chair, following an internal debate among the respective coordinators, in which we ask for stronger and braver economic measures at the European level. It is unfortunate that the ECR and ID political groups that list Fretelli d’Italia and Lega Nord among…
To counter the Coronavirus emergency in the EU member states, we need a common approach. I have discussed this on BBC World News.
Today Italy has received the official reply of the European Commission to the letter sent by Finance Minister Gualtieri to Vicepresident Dombrovskis and Commissioner Gentiloni in which he announced the new measures to contrast the Coronavirus emergency and in which he requested to exclude such extraordinary measures from the 2020 deficit objectives. The reply is…
Discussing and eventually modifying the European economic rules is not a taboo, but it must be done through adequate procedures and tools. A week ago the Commission has published a communication on the matter and this week in Strasbourg we have started the debate: we have before us an extraordinary opportunity to create the conditions…
Addressing the Plenary Session in Strasbourg I have confirmed the support of the European Parliament for the monetary policy implemented up to the present day by the European Central Bank. I have nonetheless highlighted what I had already expressed last week during the hearing of President Lagarde in the ECON Committee: it is time for…
This morning I have chaired the hearing of ECB President Christine Lagarde. I am extremely satisfied of the meeting, as we have touched upon some very important issues. First, it has been important to reflect upon the fundamental role played by the ECB in the past years to preserve the monetary union, to contrast the…
Today the Plenary of the European Parliament has confirmed the decision, already voted by the ECON Committee, to reject the nomination of Gerry Cross to the role of Executive Director of the European Banking Authority (EBA). It is a vote which reaffirms the concerns and the requests of the European Parliament to adopt more stringent…