Today: Monday, 22 April 2024 year

Italy: Government says its budget will prevent ‘scenes like we’ve seen in Paris’

Italy: Government says its budget will prevent ‘scenes like we’ve seen in Paris’

Italy’s government believes that well-balanced 2019 budge will scenes as people seen in Paris. Luigi Di Maio underlined that France will have to increase its deficit and there will be a problem for France if the rules are the same for every EU members.

The continuing “yellow vest” protests in Paris made other EU members to re-think their plans for the next year. Undoubtedly, the liberal economic policies by President Macron is under fire now, so, protests have so far forced the French Cabinet to pay for an increase in the minimum wage. Meanwhile, Italy’s 2019 budget could potentially decrease the risk of social revolts like ‘yellow vest’ ones in Paris.

Italy’s deputy PM Di Maio said: “France will have to increase its deficit and there will be a problem for France, if the rules are the same for everyone.”

Matteo Salvini has supported Di Maio, saying that the Italian government was taking a “very different path” to France: “Do people in Italy want scenes like we’ve seen in Paris? … No. I want to prevent this,” Salvini said.

Italy’s budget for 2019 can prevent social protests

The ‘human’ Italy’s budget for 2019 was rejected by EU, the financial plan breaks spending rules and Conte’s cabinet is now trying to come up with another draft. Italian Prime Minister Giuseppe Conte said that his country can’t concentrate only on financial stability, Italians need a social stability as well. “The austerity-oriented recipes of the past few years have failed,” PM added.

Meanwhile, Brussels rules on public spending are “binding for everybody, that is clear,” reminds senior German MEP Manfred Weber. According to him, “what we should not do as the European Union is intervene in domestic policies.”