Sir, According to Bill Emmott (“ Five Star struggles to sate Italy’s hunger for change”, February 9), the Five Star Movement is the Italian En Marche. It might be appropriate to recall some of its proposals for the upcoming election.
It wants to repeal the Fornero pension reform, which in 2011 saved Italy, then on the brink of bankruptcy, and reduce the age of retirement; to abolish mandatory vaccination of children; to allow the deficit to rise above 3 per cent of gross domestic product and to abolish commitment to a balanced budget (a constitutional mandate which has never been obeyed). On public debt its “theory” is that it is a macroeconomic problem only because it is denominated in euros: it therefore proposes to redenominate it in lire, placing the Bank of Italy once more under the control of the Treasury, obliging it to buy the debt that would not be financed by the market.
If these policies resemble those of Emmanuel Macron’s movement, your previous reporting on French politics seems less than accurate.
Chairman, Istituto Bruno Leoni, Milan, Italy
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