Mr. Paolo Gentiloni:

On the role of our economy in the global framework, of course, we are reassured of many things. We are a trade superpower. We are living in an interesting moment. Even the positive forecast a few weeks ago of 4.8% growth for this year in the Union could prove to be pessimistic. We could have even higher growth than 4.8%. This means, of course, nothing usual for the European economy. I remember discussion only six or seven months ago of how the European economy was lagging behind compared with China and the US. Although we are not happy for our friends or our competitors to have problems, we are seeing that they have a lot of problems now and in this moment the European economy is in recovery. The problem is if and how we will be able to transform this rebound into a durable and persistent growth and quality of growth because we know that Europe is coming from decades of very low growth. This is an opportunity. We are investing in the right direction with the Next Generation EU in the strategic reforms and sectors of our societies and we have to seize this opportunity. I am quite optimistic regarding the outlook in the short term but, in the long term, if we want to be really strong and competitive for our citizens, we need to make the right investments work and to have rules helping us to go in the right direction.