At the center of the meeting will be high-level consultations on multilateral and bilateral issues and the signing of an Action Plan intended to expand and strengthen the existing political and economic relations between the two countries. The objective is to reach an agreement on the new stability and growth rules by the end of the year and the key lies in the amount of average annual debt reduction for those with the most
Accompanied by half of the government, starting with the Minister of Economy Giancarlo Giorgetti, Giorgia Meloni will meet German Chancellor Olaf Scholz tomorrow in Berlin. At the center of the meeting will be high-level consultations on multilateral and bilateral issues and the signing of an Action Plan intended to expand and strengthen the existing political and economic relations between the two countries. The objective is to reach an agreement on the new stability and growth rules by the end of the year and the key lies in the amount of average annual debt reduction for those with the most debt. As expected, an extraordinary Ecofin council has been scheduled, but not at the end of November: the examination of the Spanish legislative proposal on the reform will be held at a dinner on the evening of 7 December, on the eve of the EU Economic Council. “We will certainly also talk about the new Stability Pact with our German friends”, explains Deputy Prime Minister and Foreign Minister Antonio Tajani, reiterating the need for “the contents of the agreement not to cause damage to our economy”. Only an agreement that goes in this direction could, in Rome’s intentions, lead to different assessments of the ESM, the ratification of which is scheduled for Wednesday in the Chamber of Deputies but with a high probability of being postponed again.
Meanwhile, at Palazzo Chigi we applaud the 6-month extension decided by the EU Commission for some sections of the temporary framework on state aid against high energy costs, implemented after the war in Ukraine. “It welcomes – comments the Prime Minister – the request, made first of all by Italy, to allow a phase of gradual and sustainable exit from the support measures adopted by the Government in recent months”. From a wide-ranging perspective of cooperation, the focus of the summit between Meloni, Chancellor Olaf Scholz and the respective ministers of Foreign Affairs, Economy, Interior, Defence, Labor and Research, will be the new agreement, the foundations of which were laid by the government Dragons. A pact comparable to the Quirinale Treaty which already binds Rome and Paris, or to that of Aachen between France and Germany. Thus the triangulation between the three large founding countries of the EU is completed, seven years after the last Italy-Germany intergovernmental summit. And this diplomatic tool could prove useful especially now that in Rome there is a conservative government and in Berlin a social democratic one, which are overcoming the initial cold, to the point that Scholz is looking with interest at the Italy-Albania protocol on migrants. A topic destined in all likelihood to enter question time to which Meloni could respond on Thursday afternoon in the Senate. In fact, the EU Commission’s examination of Italy’s budget plan for 2024 is awaited. The opinion is based on the adherence of the Meloni government’s maneuver to the May recommendations. A key step for the executive, as it prepares to get to the heart of the process in the Senate, with the deadline for amendments expiring.