Venerdì, 19 Ottobre 2018

Fiat head trying to 'push' country in right direction


(see related story)Moscow, July 31 - Fiat-Chrysler CEO
Sergio Marchionne aimed to push the country in the ''right
direction'' with yesterday's comments slamming business
conditions in Italy, said the chief of the Italian federation of
industrialists Confindustria on Wednesday.
Speaking from Moscow, where he took part in a Russian
Confindustria assembly, Giorgio Squinzi told reporters
Marchionne's position is one intended ''to push the country and
its social forces (e.g. unions) to go in the right direction'',
but that Italian enterprises are currently putting their all
into recovery from the current economic crisis.
In this sense, Squinzi supported Labour Minister Enrico
Giovannini's rebuttal to Marchionne that Italian businesses have
shown uninterrupted commitment to investment and striving for
However, Squinzi admitted Marchionne had a point that right
now, in the absence of change in industrial relations, it is
very difficult to continue to plan business activity in Italy.
Squinzi said streamlining bureaucracy was fundamental.
''One must embark on political-institutional reforms and a
Title 5 Constitutional reform to simplify bureaucratic norms in
the country. If we go in this direction, I am sure that
Marchionne will take a different position,'' Squinzi said.
On Tuesday, Fiat group's chief executive Sergio Marchionne
said during a conference call with media and analysts that the
''conditions in industrial Italy remain impossible''.
Marchionne has launched several thinly veiled threats to
shift the automaker's production out of Italy, apparently still
smarting from a recent court ruling in favour of the left-wing
FIOM trade union, which has clashed bitterly with Fiat several
times in recent years.
Minister Giovannini on Wednesday countered that many of
Italy's companies are continuing to ''invest, grow, create jobs
and profits, despite undeniable difficulties,'' during a radio

(photo: Chief of Confindustria, Giorgio Squinzi)

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