Lunedì, 15 Ottobre 2018

Italy is no longer a crisis flash point, says Monti


(ANSA) - New York, September 27 - Italian Premier Mario
Monti has said he is "quite sure" that there is no longer any
danger of Italy being a source of turmoil amid the ongoing
eurozone debt crisis.
"It's important for Italy, for the eurozone, for Europe and
the global economy that the eurozone's third-biggest economy
does not add to a series of local flash points," Monti told the
PBS network, having addressed the United Nations General
Assembly in New York late on Wednesday.
Monti's emergency government of non-political technocrats
has passed austerity measures and economic reforms since taking
power last year to stop Italy slipping down the path of Greece
towards a possible default on its massive national debt.
The former European commissioner, who took over the helm of
government after Silvio Berlusconi resigned as premier last
November with Italy's debt crisis in danger of spiralling out of
control, reiterated that he will not stand for the premiership
in next year's general elections.
"I don't even think I can stand, as I'm a Life Senator," he
"I and the entire government will have to resign when the
elections take place, probably next April. After that, it will
be up to the political parties (to govern the country)".
There have been calls from some quarters for Monti to stay
on to complete his reforms.
Some experts doubt Italy's political parties will stick
with unpopular measures deemed necessary to put the country's
economic house in order once in office.
Polls suggest Monti would muster more votes if he stood in
the elections than any of the main party leaders.
Monti hinted future Italian governments should be bolder
when it comes to taking unpopular decisions than previous
administrations have been.
"The Italian people are not happy with the individual
measures (taken by his administration) but they seem to have
confidence in the government," Monti said.
"This confirms what I've always thought, that the Italian
people are sometimes considered an ungovernable people, but they
actually demand government and governance.
"It's the political system that sometimes has not provided
the necessary governments".
During his speech at the opening of the 67th session of the
General Assembly, Monti said that a stronger, more united Europe
was needed to overcome the crisis for the good of the continent
and the rest of the world.
"It's clear that having more Europe is in the global
interest," he said in English.
He expressed optimism Europe would come through the current
turmoil as it had in the past, quoting Jean Monnet's observation
that Europe will be built by going through crises.
"The world has learned how essential a strong, credible
Europe is to face the global challenges of the economy and
security," he said, "and how important the eurozone is for the
recovery of the global economy".
He added that it was "essential that European governments
take action at the national level" and that "Italy will continue
to do its part to contribute to greater budget sustainability to
increase growth potential".

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