Giancarlo Giorgetti is the Finance Minister of the year. “His commitment to reducing the deficit won”

John

By John

A “thankless task” for Giancarlo Giorgetti, but carried out with “commitment to reducing deficit and debt” and materializing in a “credible and sustainable” budget maneuver, also appreciated by Brussels. The opinion is The Bankerthe international affairs magazine of the Financial Times which has the owner of via Venti Settembre crowned “Finance Minister of the Year”. An important recognition for the Northern League exponent after the complicated months that at the end of the year led to the approval by Parliament of the third budget law of the Meloni government. The City monthly magazine motivates its choice as follows: Giorgetti “has won respect for his commitment to reducing the growing deficit in Italy and to supporting public investments, with a long-term plan aimed at reducing the impressive debt-to-GDP ratio » «Being the Minister of Finance in Italy – underlines The Banker – is a thankless task. There are many economic problems that afflict the country: slow growth, low productivity, high tax evasion and one of the most burdensome public debts. to the world.”

«These challenges – he continues – explain why many Italian governments have ended up appointing mainly technicians as finance ministers in the last two decades. Giorgetti, appointed in 2022, represents an exception. He is a political veteran, seen as a moderate and essentially a pro-Europe member of the League party.” The Financial Times magazine therefore underlines the good relations of the Finance Minister with Brussels: «The EU Commission praised his work, considering Italy’s 2025 budget maneuver in line with its recommendations and its rules, and defining the credible and sustainable debt repayment plan for the country.” «The European Union’s green light for Italy – continues the magazine – was an important victory for Giorgetti and the Italian government, also taking into account that few countries have respected their commitments and EU rules. The Commission has in fact criticized several states, including Germany and the Netherlands, accusing them of having spent too much.” The League reports that the leader of the Northern League and deputy prime minister Matteo Salvini personally congratulated his party colleague, while on X the business minister Adolfo Urso speaks of “a great and extraordinary recognition”. From Palazzo Chigi, the undersecretary to the presidency of the council, Giovanbattista Fazzolari, underlines «the important praise for the excellent work carried out by our Minister of Economy and the seriousness of the Meloni government. A further incentive to continue along the path undertaken so far to restore Italy’s economic solidity and international credibility.” Congratulations also from the Ministers of Tourism Daniela Santanchè and Agriculture Minister Francesco Lollobrigida: «The international credibility of the Meloni government is being strengthened», states the latter». Avs leader Angelo Bonelli, however, speaks of «Giorgetti and the Meloni government as champions of inequality».