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Peter Loewe: the 'guaranteed income' was the washer in the budgetspelet between the EU and the Italian government

Trolleritricken are many, as usual, in an Italian budget. But the negotiations with the EU-commission would not have worked without the prime minister, Giuseppe Conte, who in a short time developed into a very full-fledged negotiator – his background is a lawyer and he has been in politics for seven months. In the back, he has all the time had the president of Italy, Sergio Mattarella, as a guarantor for the unusual, not to say strange government that Italy has had.

that could not be more different. The xenophobic Lega Nord's leader Matteo Salvini – who is also minister of the interior - seems to be constantly in the midst of an election campaign. Salvini far forward like a juggernaut and has several times spotskt said: ”to wait to get a letter that the cogs of our budget is like waiting for a letter to santa claus”. But when the risk to sky-high penalties would befall Italy if not the budget was about was Salvini significantly less karsk.

the Prime minister, the number two Femstjärnornas Lugi di Maio, who is also the minister of labour, fighting for his political survival. He has set two crucial reforms on its board at the same time, the party is now backing a vengeance, while the Salvinis Legaparti reaching record highs. It has been two months since Femstjärnorna got through that the budget deficit could be as high as 2.4 per cent of GDP. Then partied di Maio on kanslihusets balcony and said, ”we have defeated poverty”.

- for those who do not have any other income. This has osthyveln gone back and delayed the reform by three months. The same thing applies to the pension reform – a major and expensive reform, which is estimated to cost 82 billion in the first year – which makes it possible to retire at age 62 if you worked for 38 years. The number of years worked, summed with the age of must be 100. This is the government's caveat to say the least, fuzzy. There is talk of a ”fönsterperiod”. That is to say, all who have a right to this reform can be impossible to leave the labour market at the same time.

A person who radically revanscherat itself is the treasury Giovanni Tria, which is devoid of party affiliation. It was said that he wanted to resign when the party leaders got through his festunderskott of 2.4 per cent. But finally it became as he wanted to. The deficit now stands at 2.04 percent.

between the Italian government and the EUROPEAN commission, Pierre Moscovici is the finance manager and Valdis Dombrovski as vice-commissioner is responsible for all matters relating to the euro. But basically there is no one in Brussels that would serve to shoot the EU's fourth-largest economy in shreds. People who Moscovici and Dombrovski want that Italy will follow the rulebook. Something that the country has difficulties with.

Completely is not the danger for Italy. Now, the budget shall baxas through and the EU will have the hearty track of what Italy does.

”If something goes wrong so we can take it up at the next meeting in January. The EU economy ministers may decide on penalties for Italy so late as on the next Ecofin meeting in February,” points out the rigoröse the EUROPEAN commissioner from Latvia, Valdis Dombrovskis in a press release to the Italian news agency ANSA.

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