Una Eurozona da Draghi?

The “dark illness” of the Euro-zone is that the abundant savings are not mobilized for investment. The question therefore arises of whether the European Central Bank is actually doing everything possible to prevent Europe from falling over the cliff. The article reports the remedies put in place by the ECB first by reducing the interest rate and then via quantitive easing. None of this has been able to cope with the insufficiency of investments which instead would be enough to create opportunities for growth via greater public spending.

Le privatizzazioni e i pregiudizi del piano Cottarelli

The basic idea of the document of the spending review Commissioner is that to avoid waste in public spending at a local level it is necessary to privatize the management of industrial services and to retain within the bounds of the public administration only the services that can be provided by private suppliers.
However the local public services sector needs to be treated with special attention to «allocation merit» since an indiscriminate privatization could have serious effects on family income leading to a further overall decline in wealth for the nation.

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