the lower House of Italy’s parliament Saturday evening adopted a controversial state budget, which is amended after disagreements with the EU.
the Approval happens just before the deadline by the new year.
Italy has been given the green light to the country’s budget after months of dispute between the government in Rome and the EU Commission.
opening, thus, not an edp was against Italy, which could have led to very heavy penalties against the big EU-country that has been forced to tighten the belt.
All of the problems are not, however, swept out of the way, stresses the vice-president of the EU Commission Valdis Dombrovskis.
He points out that the effect of the according to the EU is very problematic elements in the budget as basic income and higher pensions will hit later.
the Budget, which is put forth by the regeringspartnerne in Femstjernebevægelsen and the right-wing party the League was passed by 327 votes to 228 votes against.
the Vote took place as a tillidsafstemning, but means in practice that the budget is adopted.
The final vote on the budget is due to take place later on Saturday or Sunday. But it is regarded as a formality.
Lillejuleaftensdag was the contentious budget approved in the Italian senate.
Italy got the green light for its budget from the EU-Commission in Brussels, five days before christmas. It happened after months of dispute between the government in Rome and the commission.
It means that there will be launched a so-called edp was against the big EU-country. This could have led to heavy sanctions.
When Italy two months ago presented its proposal, it was initially rejected by the commission. This is the first time ever that it has happened in the EU framework.
and Then tried the italians with a new version of the budget, which was also rejected. But the third offering, which contained several changes went through.
The first proposal gave rise to big discussions, because it laid up for a budget deficit of 2.4 percent.
Italy has the second highest debt in the EU at over 130 percent of gross domestic product (gdp). Only Greece defeats Italy’s debt, and Italy’s economy is larger than the Greek.
Therefore, a crisis in Italy may be much more serious than the Greek.
