Home / World / Maneuver gives EU green light but warns Italy. "It risks not respecting the Stability Pact" – Repubblica.it

Maneuver gives EU green light but warns Italy. "It risks not respecting the Stability Pact" – Repubblica.it



MILAN – No one stops without an alarm clock, yet another, in our public accounts. From the European Commission, as expected, comes the green light in the Budget Act. A green light, but not without warning, given that the operation according to Brussels, due to the balances between public finances to which it is set, "poses risks of not following the Stability Pact" or can lead to "a significant deviation from the trajectory towards compliance with the medium-term objective ".

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The EU promotes the Budget Act. "But the risk remains on the debt"

It is above all the high public debt that worries society's executives, because, Brussels notes, the risk of "not respecting the benchmark for debt reduction". A critical issue that does not only concern Italy. The Vice President of the Valdis Dombrovskis Commission pointed his finger at the individual countries. Belgium, Spain, France and Italy said "they are not expected to meet the debt rule" and "have not used the favorable economic conditions to clear their public accounts. By 2020 they are planning no significant adjustment or even expansion. because very high debt limits the ability to respond to financial shocks and market pressures. "

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Subjects:
Maneuver
EU
Public debt
European Commission

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