Enrico Letta: optimistic on the union of savings and investments, there is alignment of planets

Enrico Letta some opposition to unique supervisor are there because

(Finance) – “Today I am optimistic on the Saving and investment union (Siu) because I see For the first time the link of this mission with something totally different. The president of the European Commission Ursula von der Leyen mentioned him in the defense report, it means that we are going in the same direction. We are trying to recover the weakness of Europe compared to the USA, which are able to mobilize great sums of private captale capital, a factor that has made us left behind in the last 10 years. ” Enrico LettaPresident of the Jacques Delors Institute, at the “Fifty Years of Consob’s event: between present and future” in Bocconi.

I hope the President of the Commission will be able to convince Member States to move – He added – If few states do not agree on some points, others must take responsibility for moving “.

“For many years we have been following the theme of Savings and Investment Union – he underlined – Today perhaps we are at a turning point, for many reasons. There is an alignment of planets that we must exploit“.

According to Letta, “there is a problem in the attitude of the Member States. We have the idea that even when we are 22-23-24 countries in agreement, we do not proceed because we do not want to create tensions or divisions. There are so many attitudes like this, that they are creating a big problem, because we think we have to be consensus-Driven. If we apply this method next week, it will be a disaster. We must apply the existing rules: I am not proposing any modification to the treaties and we must apply the rules, because We must not apply unanimity even when there is no rule“.

tlb-finance