Italy needs own currency - Borghi

Would resolve problems says House budget committee president

(ANSA) - Rome, October 2 - Claudio Borghi, the president of the Lower House's budget committee, on Tuesday said he thought Italy would be better off if it had its own currency.
    "I'm totally convinced that Italy would resolve most of its problems with its own currency," Borghi, a member of Deputy Premier and Interior Minister Matteo Salvini's League party, told RAI radio.
    "Having control of one's own means in monetary policy is a necessary condition - although not sufficient - to carry out the ambitious and enormous project of renewal.
    "But it is necessary to have the awareness and agreement of the citizens to be able to take this step.
    "If we had objectively wanted to clash with the European Union to get this outcome, we would have declared a 3.1% deficit, not a 2.4% one.
    "In reality, we simply want to carry out the policies that, at the moment, are the minimum necessary to enable the economy to be a little better".
    Borghi said later: "I'm for leaving the euro but it's not in the government contract".


Change cookie consent