“The MES is a bad deal. Especially for the Europeanists”

Archyde.com (translated from Huffingtonpost)

The Mes is a bad deal, and it must be put in the attic even by the so-called “Europeanists”. The economic convenience is doubtful, the risk of financial stigma is real, the conditionalities now suspended could be reactivated. This is what Emiliano Brancaccio, economist and professor at the University of Sannio, says in an interview with the Huffington Post, in which he makes a careful examination of the pros and cons of an eventual recourse to the State-Saving Fund by Italy. Last March, together with other economist colleagues, Brancaccio published in the Financial Times an appeal for an “anti-virus plan” founded on greater control of speculation on the financial markets and on modern planning of public investments in Europe.

Read the interview on Archide.com