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Home / Yanis Varoufakis: Thoughts for the Post-2008 World / The 5S-Lega Italian government is continuing the failed Renzi strategy of demanding the right to bend the fiscal rules without demanding a re-assessment of the fiscal rules – interviewed for AGI by Arcangelo Rociola

The 5S-Lega Italian government is continuing the failed Renzi strategy of demanding the right to bend the fiscal rules without demanding a re-assessment of the fiscal rules – interviewed for AGI by Arcangelo Rociola

Summary:
This is the English language (original) interview with Arcangelo Rociola, published on the AGI site in Italian, on the Italian government’s clash with Brussels over its budget deficit, the plans for a flat tax (that is not flat) and a universal income (that will never be universal), the 5S Movement’s claim to the mantle of the Italian Left, and my pronouncement that Mr Salvini has brought a Fascist Moment into Italy and into Europe. The Italian government decided to take on Bruxelles deciding for a budget act that enlarges consistently the deficit/gdp ratio (2,4%). What is your opinion about it? Could it be enough to revitalize the Italian economy? It won’t be enough to revitalize the Italian economy. For that

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Yanis Varoufakis
An accidental economist Let me begin with a confession: I am a Professor of Economics who has never really trained as an economist. But let’s take things one at a time.

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