Stiglitz: “On the Pnrr the Italian government has shown incompetence in the management of EU funds”

Stiglitz: "On the Pnrr the Italian government has shown incompetence in the management of EU funds"

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TRENT – At the Trento Festival of Economics, the Nobel Prize in Economics Joseph Stiglitz stigmatizes the “incompetence” of the Meloni government in the management of Pnrr funds.

In the briefing with journalists preceding the conference at the Festival, the American economist, to general surprise, stated: “The problem with your government is the high level of incompetence it has shown in the management of European Union funds, which they are extremely important. In fact, a good use of these funds could provide a good stimulus to the whole economic system to reduce the risks deriving from high inflation. If they continue to manage funding in this way, a recession will be increasingly likely”.

The Pnrr, “Fixed expenditure on health, education and the environment” has stalled

by Giuseppe Colombo


Stiglitz warned of the risks of authoritarianism in the world, recalling the “insurrection” of Trump supporters, and of the difficulties of fighting climate change in a world that is returning to a new form of cold war, due to growing enmity between China and the United States. “It’s like in the Titanic: if the ship sinks we can’t ask ourselves who is good and who is bad, first we have to save ourselves, together, and then we think about everything else.

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