The new European Stability and Growth
Pact agreed at an extraordinary ECOFIN meeting on Wednesday is a
"bad compromise" for Italy, centre-left opposition Democratic
Party (PD) Secretary Elly Schlein has said.
"(Premier Giorgia) Meloni has put a big mortgage on the future:
the compromise on the Stability Pact is bad for Italy," Schlein
told Tg2 Post on Wednesday evening.
"Italy was absent from the negotiations: it accepted the
agreement of France and Germany with a hanging head," she added.
"We should have fought harder. If we go back to strict
quantitative parameters, it is as if we have learnt nothing from
the pandemic. They should have fought much earlier and I think
this is an agreement that will hurt Italy a lot," concluded
Schlein.
The new Stability and Growth Pact sets out the new rules for
public finance in EU member states to replace the old ones that
were suspended during the Covid-19 pandemic in 2020.
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