Home news Rome: Hundreds of thousands demonstrate against Italian economic policy

Rome: Hundreds of thousands demonstrate against Italian economic policy

Hundreds of thousands of people have demonstrated in Rome for a better economic policy. Under the motto "A Future for Work", the demonstrators demanded public and private investment as well as ambitious reforms. There were initially no official numbers, the Italian daily newspaper La Repubblica speaks of 200,000 people. So that would be the biggest such rally in Italy since four years. Trade unions had called for the assembly. Also company representatives, senior members of the left-wing bourgeois
 Democratic Party (PD) and delegations of other leftist parties
participated in the protest rally.

For the unions, the investment plans of the government are out
populist five-star movement and right-wing Lega party one
 pure symptom control. At the end of January, the Italian Government the implementation of two central
Election promises decided
: the so-called
Civic income for particularly poor people and a pension reform.

Maurizio Landini, secretary general of the CGIL union, said Repubblicathe planned reforms are "short-sighted and recessive". They would not tackle the problems that had caused the crisis. In
Italy had structural problems
who like this government as well
do not address the predecessor governments. Annamaria Furlan, head of Italy
CISL, the second largest union, said: "The government needs to get out of virtual reality and get into the
real world. "The country is already standing with one foot in
 the recession ".

For the planned reforms, the government wanted to make more debt than their predecessors had agreed with the EU. Italy spent weeks with the EU Commission on its budgets
 quarreled. Only under pressure did the new government agree to the deficit target of
2.4 to 2.04 percent limit. The country was threatened with a deficit procedure
by the Brussels authority. Main criticism are debts amounting to
a good 131 percent of economic output. From all states of the Eurozone
Only Greece comes to a worse rate. Italy's economy continued to shrink in the fourth quarter of 2018, with exports falling. This adds to the already substantial government budget problems.


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