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Stability Pact reform: Draghi-Macron working on public debt, hypotheses

15 / January / 22 Bunsi Shakiramal Visitors: 118 Rating: ★★★★★

The confirmation of Mario Draghi at the Palazzo Chigi after the re-election of Sergio Mattarella in the Quirinal makes Emmanuel Macron breathe a sigh of relief. The president, across the Alps, can now look forward to a six-month French presidency of the Council of the EU. will last until June 30 next year of its main ally in the reform of the Stability Pact.

On the table is the need to develop a “soft landing” plan after the surge in public debt of European countries during the pandemic. The question revolves around the following question: will we go back to the old rules of the Stability Pact? It is a complex game in which France and Italy have a convergence of interests. Both countries are among the most indebted in two years of Covid, and only a solution agreed between member countries can prevent us from being caught in a spiral of potentially dangerous stability problems.

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