Tarquini (Confindustria): "Unlocking private savings for a Pnrr 2.0"
General manager Maurizio Tarquini suggests incentives to channel 1,900 billion in savings towards public investments
Quick Look
The general director of Confindustria, Maurizio Tarquini, proposes a 'Pnrr 2.0' to mobilize 1,900 billion in private savings towards public investments, in order to support economic growth after the conclusion of the current Pnrr.
AI-generated summary
Why It Matters
The Pnrr (National Recovery and Resilience Plan) is the Italian investment plan financed by the EU. Confindustria fears an economic slowdown at the end of the plan.
We cannot consider the Pnrr a parenthesis. We have entered that path, we must stay there. The way is to bring private savings closer to public investment.
The CEO of Confindustria, Maurizio Tarquini, thus launches the idea of a new Pnrr: a Pnrr 2.0. One of the main objectives of our country - he explains, in a conversation with ANSA - must be to unlock private savings, a frightening amount: 1,500 billion blocked in zero-yield current accounts, 400 billion in social security funds.
Incentive and disincentive measures must be created so that a portion flows into public projects. It is among our proposals for the maneuver. Now that there is a risk of a slowdown in growth due to the conclusion of the Pnrr, releasing even just 1% from the accounts and 2.5% from the funds would be 25 billion: a huge boost.
What to Watch
AI outlook — possibilities, not facts
Confindustria will formally present the proposal for the economic maneuver.
Likely · Within weeks
Open Questions
- What specific incentive/disincentive measures will be proposed?
- How will the government react to Confindustria's proposal?
