PM TO BUSINESSPERSONS “STOP RELATIONAL CAPITALISM” Stocks, Renzi: “The world is asking for transparency. Agencies have to help us change”

  • Italiano
renzi borsa

Stop relational capitalism. This is the main concept of Matteo Renzi to the Italian Stocks. “In Italy, it had a terrible outcome, the world is asking for transparency and dynamism”. The premier spoke in front of an exceptional parterre; there were some of the most important businesspersons and bankers of the country.

Renzi asked them all for their help to renew. “During the last years – he underlined – many things changed. In this world, which changes at an incredible speed, that is changing right now, we need to be ahead of changes. I am asking you with all my heart to help politicians to be ahead of this changing world, to be positive and to ban the words ‘Whatever, you are not going to make it’. The head of the government said that in Italy, there is energy and tenaciousness in the business world, therefore, stocks should not be considered a natural outcome, but a tool to state transparency and openness to the world.

In this occasion, Renzi spoke about foreign economics. Above all, he spoke about Russian sanctions. “Moscow and Italy have an interchange of €25 billion. Sanctions are irrelevant, but caused some difficulties to places like Fermo. Nevertheless, they are small places considering the export area”. There is no going back concerning fines: “whoever says to stop fines is mistaking because we are talking about 160 million out of 9 billion. Crisis for many agencies depends on the fall of petrol.

Translation provided by Mary Ann D’Costa

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