Duties, Giorgetti: "The negotiations are long and exhausting." And on Unicredit...

"It's clear that Trump 's pressure on the Federal Reserve to lower rates, net of macroeconomic implications, if it were to happen, would create a further problem here," said Economy Minister Giancarlo Giorgetti in the Chamber of Deputies, intercepted by the Transatlantic.
"Let's say that the pressure or, let's say, the epithets that the US president is directing at the governor of the Central Bank is inconceivable here. It may be that central banks must uphold certain principles, certain objectives, but they don't live outside the world, they don't live on Mars, they live among us, in the midst of the economy made up of families and businesses," underlines the Minister of Economy.
"If wars break out, if these things happen, it's not just the sacred rules of the banks that are at play, it's also the assessment, unfortunately, of reality as we see it."
Read also: Tariffs, Meloni does not distance herself from the European negotiations. But the tension has cooled with Ursula. Here's why. Read also: Tajani has no doubts: "Meeting with Rubio was a good thing, Italy-US relations are a cornerstone of the transatlantic alliance." VIDEO Tariffs, Giorgetti: "Long and exhausting negotiations"The negotiations on tariffs "are long and exhausting, with one side having a particular negotiator and the other having completely different approaches. So it's not just about the amount, but also the method of approach," the Minister of Economy said regarding the negotiations on tariffs between the EU and the United States .
Unicredit, Giorgetti: "Competition is wonderful, but the national interest is a serious matter.""We believe we have received satisfaction from the judges, and those judges' reasons are exactly what we will be telling the European Commission. The Directorate-General for Competition protects competition, which is a wonderful thing, but perhaps they haven't realized that there's a war raging in Europe right now, so states are defending things other than competition." This was Economy Minister Giancarlo Giorgetti's statement, speaking at the Transatlantico in the Chamber of Deputies, regarding the Unicredit-BPM case. "National security is a serious matter," he concluded.
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