News

Economist must be Italian transitional forms

596c6575fe1323422b0cf3354fca6838 - Economist must be Italian transitional forms

The Italian president Sergio Mattarella indicates the 64-year-old economist Carlo Cottarelli commissioned a government of technocrats to form. That the country should lead in anticipation of new elections.

Formateur and gedoodverfd premier Giuseppe Conte, by the radicaalrechtse Lega and the populist Vijfsterrenbeweging was managing to run the country, threw Sunday evening the towel into the ring after Mattarella his veto against the appointment of euroscepticus Paolo Savona as minister of Finance.

Mattarella called on Monday, Carlo Cottarelli, a 64-year-old economist who began his career with the International Currency Fund has earned. Cottarelli was from 2008 to 2013 director of fiscal affairs at the IMF.

Cottarelli has a pronounced opponent of the exit from the Eurozone. “I think it is leaving the euro-zone, a leap in the dark. I fear that the Italians their new currency then quickly change it into euro’s, to be sure. That would be uncontrollable inflation cause the prices of the products in the new currency would rise. Chaos’, he said in an interview with The Standard.

The appointment comes not completely unexpected. Immediately after the debacle with Conte circulated the name of Mattarella as the new formateur. Soon after the elections, he was mentioned as a possible minister of Economic Affairs.

If he succeeds to form a government, then it will be there in the first place must ensure that an approved budget, and new elections are preparing.

Leave a Comment