Scrutiny: European Economic Governance and National Financial Planning: The Italian Case

The aim of the paper is to answer three well-defined questions: (1) Is the planned policy in Italy the general economic policy or is the economic policy intense in a restrictive sense and coinciding only with financial policy? (2) Is the administrative activity of economic and financial planning effective? (3) Who is today the holder of the programming function in substantive terms: the national or the European legal system? Considering the analysis conducted in this paper, the Author reaches the following conclusion: the highly substantive binding nature of European policy acts and the profound embryonic relationship between the European function of policy and coordination and the national function of implementing policy acts make the ownership of the economic and financial planning function intimately shared between the two legal systems.