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A political message is needed from Europe – Interview with Marcello Messori – Formiche

Changing the rules on problematic loans is correct, but it takes time and now is not the time. In order not to paralyze the banking system, the only way is to softly apply the current rules pending a revision of the constraints that will sooner or later have to be made. Gentiloni is right: cutting taxes with money from the Recovery Fund is a mistake. Growth is needed first.

Click here to read the article in Italian.