(Tiper Stock Exchange) – “Transatlantic relations are very good, certainly better than in the past. The created node remains by the Inflation Reduction Act. This is an aggravating factor in an already lopsided situation in which Europe is suffering more than America from the energy crisis and other fallout from the war in Ukraine. We must prevent our response to the IRA from creating new differences among the Twenty-seven”. He said this in an interview with the Sole 24 Ore ithe Commissioner for Economic Affairs Paul Gentiloni for which “it is necessary to associate with new measures at national level new common tools which are based on joint financing”.
Even before the Christmas break, von der Leyen had spoken out in favor of creating a Sovereign Fund: “in my speech on the state of the Union – said the President of the EU Commission on the occasion – I introduced the idea of establishing a sovereign wealth fund. The logic is simple: a common European industrial policy requires common European funding. The aim of our European industrial policy is for European industry to be a leader in the clean transition. The RePowerEu needs to be strengthened and we are now working towards this end”.
Concept traced by Gentiloni: “In the next few weeks we should decide the outlines – added the former Premier – We will also have to decide how to finance this new fund, and as usual discussions on this front will not be easy”. The commissioner went on to underline that the reform of the rules on state aid “should not question the European economic model based on competition. We certainly do not want to create an run by bureaucrats… That would be crazy.”
Going back to the new common tool”I am convinced of the need. I don’t think all countries are still of this opinion, even if there is the awareness of having to face the issue. An agreement is possible in the coming months.”