Two years into the start of the legislature, the Party of Socialists and Democrats (PSD) has drawn up a first assessment of its experience in government, identifying the Association Agreement with the European Union as the central issue for the second half of the mandate. The PSD leadership, meeting on Wednesday evening, confirmed the choice made at the beginning of the legislature and reaffirmed its role within the governing majority. “Within this experience, the PSD has brought its own ideas, its own sensitivity and also its own critical voice. This is a role the party intends to keep playing — with loyalty to the majority, but also with the responsibility of representing the concerns and requests coming from San Marino society,” the statement reads.
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In its assessment of the first two years, the PSD lists a number of measures approved or launched: from citizenship reform to the end-of-life bill, alongside animal protection, recognition of caregivers, the ICEE pilot scheme and the renewal of the public employment contract. On the rights front, the party also points to the issue of parenthood for same-sex couples as one still to be addressed. “These are results achieved by the Government and the majority, to which the PSD has contributed and on which it intends to keep working,” the leadership stresses.
However, the focus is shifting mainly to the next two years. “But the central issue of the next two years will inevitably be Europe,” the PSD states, recalling that San Marino is now on “the final stretch toward the Association Agreement,” a process it describes as longer and more complex than expected. For the party, “Europe can become the great driving force behind San Marino’s modernization,” helping to update rules and institutions, open new markets, attract investment and expertise, and boost the competitiveness of the economy. For this reason, the statement adds, “signing the agreement cannot be seen as the finish line. If anything, it will be the beginning of the most important work.”
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Among the issues raised by the PSD is the reform of indirect taxation, with the introduction of a VAT system tailored to the characteristics of the Republic and the gradual phasing out of the T2 regime. According to the party, such a reform would particularly benefit the manufacturing sector, which accounts for around 40% of GDP. “A commitment included in the Government’s program, and one so important for San Marino’s economy, cannot simply be declared unworkable during this legislature. The discussion must be reopened, and the decision must be a collective one,” the PSD argues.
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Another key issue concerns the banking and financial sector. The party leadership is calling for renewed efforts on the clarifying addendum in relations with the Bank of Italy, for addressing the issue of capitalization, and for encouraging openness toward “solid operators, transparent capital and major groups integrated into European and Western financial circuits.” A call is also directed at the Central Bank, from which, according to the PSD, more visible results could be expected. “Autonomy remains a safeguard worth defending. But autonomy does not mean imperviousness, and it must not become self-referentiality,” the statement reads, also confirming support for the parliamentary group’s inquiry into salaries and internal balances within the institution.
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The PSD is also renewing its call for the implementation of the Growth Agenda, on which the Grand and General Council (Consiglio Grande e Generale) had committed the Government to act. The goal, the party explains, is to create a forum where projects and investments can be compared and an overall strategy defined. “A country’s development cannot simply be the sum of isolated opportunities,” the leadership states, also warning against returning to models already tried in the past: “Investment is needed — significant investment, in fact. Capital and new ideas are needed. But politics must go back to choosing, guiding and setting the conditions: quality, transparency, solidity, employment and a real impact on the country.”
On healthcare, the PSD reaffirms its proposal for a national round table on the future of the Institute for Social Security (ISS). Before tackling new structural investments, the party argues, it is necessary to define what kind of healthcare model should be built for the coming decades — from the hospital’s role to relations with Italy, and from services to the professional expertise to be retained or attracted. The statement’s conclusion on this point is blunt: “The model first. The buildings after.”
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The leadership also gave a positive assessment of the party’s internal development, citing its relationship with Italy’s Democratic Party, the PSD’s admission as a member of the Party of European Socialists, and the growth of GENSM. The meeting concluded with satisfaction over Gerardo Giovagnoli’s candidacy for the Captaincy Regency, along with a hope that the signing of the Association Agreement might take place precisely during his term. “The outcome of this legislature will not be measured solely by the signing of the Agreement, but by the ability to use Europe to get San Marino moving again,” the PSD concludes.
