Orsini: 'Suspend the Ets, if the war continues we need Eurobonds'
The president of Confindustria: 'Before the conflict' the price of energy was '106 euro per megawatt hour, today we are at 160 euro per megawatt hour. This is an increase of 60 per cent'
We call for a 'suspension of the Ets market, ours is a cry of alarm. The demand is context-driven, because unfortunately we do not expect the conflict to end soon, that gas or petrol will cost less. It is a historic moment and that is why suspension is the only way'. This was said by the president of Confindustria, Emanuele Orsini, at a press point in Brussels after a series of institutional meetings, including a conversation with the vice-president of the EU Commission, Raffaele Fitto. "Should the war continue, we will need" new "common debt" to "support the EU countries, we cannot do it" only "with state aid, because it would mean further increasing the gap between Italia and other countries," he stressed.
The Ets suspension is to apply 'until the conflict ends, until a solution is found', Orsini pointed out, explaining that the stop 'serves to calm the price of energy'. "Before the conflict" the price of energy was "106 euros per megawatt hour, today we are at 160 euros per megawatt hour. This is a 60 per cent increase,' he pointed out.
On the common debt, he stressed, "today we are making an appeal for responsibility, because behind every company that relocates and closes there are thousands and hundreds of jobs". "We expect that perhaps the common debt is the best way because if Europe wants to make Europe we cannot" continue "to divide: we need to unite and if we want a united Europe we must have projects that are united and therefore the common debt certainly unites," he added.
Orsini: 'It's the last call on competitiveness, Europe changes pace'
on competitiveness "today is the last call for the EU, the last train passing by. Today we really need a Europe that changes pace for several reasons," Orsini said. "We have two powers, China and the United States, that are playing a game, and we have Europe that is only acting as a referee with the whistle in its hand, setting rules and penalising European companies and industries. Either Europe wakes up or we won't have much time,' he noted. In one year, Orsini added, "China has increased its exports" to Europe by 32%, which in turn has imported "32% more product, losing almost a million indirect and direct jobs. So it is a concern and the trend is continuing. The de-industrialisation of Europe is a concern for us
