Italy and Europe after the Crisis: A Conversation with Italian Prime Minister Enrico Letta
On October 17, Brookings and the Council for the U.S. and Italy hosted a conversation with the prime minister of Italy, Enrico Letta, on how Italy and Europe should move forward in this period of recovery following the economic crisis. Italy will hold the presidency of the European Union in 2014, and Prime Minister Letta will discuss key priorities and his vision for the future of Europe. A focus on improved EU governance, growth and jobs creation are at the center of Italy’s agenda.
Enrico Letta, 47 years old, became prime minister of Italy in April 2013, leading a grand coalition comprising the centre-left Democratic Party, the right-wing People of Freedom, and the centrist Civic Choice. He has previously served as minister for EU Affairs, for Industry and for Trade. He has been a member of the Italian Parliament since 2001, except from 2004 to 2006 when he was a member of the European Parliament. He also served as deputy secretary of the Democratic Party (PD) from 2009 to 2013. Mr. Letta also previously led an independent think tank, Arel, founded by the late Beniamino Andreatta, and served as the vice chairman of Aspen Institute Italia. He is a member of the Trilateral Commission.
Brookings Vice President Kemal Derviş, director of the Global Economy and Development program, moderated the conversation.
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On the one hand the U.S. wants to be defending U.S. companies overseas and they are going to see this as vindictive, particularly in going after Apple’s profits retroactively. But in the bigger picture the U.S. is taking moves to fight inversions and improve the global system.