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European Commissioner for Economic and Monetary Affairs Pierre Moscovici slammed the populist Italian government as a “problem”, insisting the government should stop spending programmes and propose a “credible budget”.
The EU Commissioner said earlier this week at a press conference in Paris that the Italian economic situation and the budget of the populist coalition was a “problem for the Eurozone”, Il Giornale reports.
Moscovici - Growth - Part - Eurozone - Problem
According to Moscovici, Italian “growth is in the lower part of the Eurozone, in which the biggest problem is that of a productivity deficit”. He then stressed that the government should reduce public debt claiming that Italy “cannot live” with a 130 percent public debt to GDP.
Moscovici also attacked the populist movement in Europe, in general, saying that the continent was looking at a “climate that looks a lot like the 1930s”.
Hitler - Mussolini - History - Raymond - Aron
“Clearly there is no Hitler, perhaps some small Mussolini. History, as Raymond Aron used to say, is tragic. We must prevent it from sinking into its darkest hours,” he added.
While not referring to any political leader specifically as a “little Mussolini”, the comments were rebuked by populist Italian Interior Minister Matteo Salvini who said: “EU Commissioner Moscovici, instead of...
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