Italy makes in the dispute over its budget, a step the EU Commission. The borrowing should be for 2019 instead of the previously planned 2.4 per cent only of 2.04 percent. Most recently, the Commission had threatened to call for a Defitizverfahren against Italy. the
In the bitter budget dispute with the EU Commission, Italy is now the first concessions. The debt of the country should be in the coming year, but only to 2.04 percent of economic output – instead of the planned 2.4 percent. The Prime Minister, Giuseppe Conte said after Meeting with EU Commission chief Jean-Claude Juncker. A spokeswoman for the EU Commission then spoke of “good progress”.
Conte makes an important step on the authority. This was rejected about six weeks ago the original draft budget of the government and corrections required – a Premiere. Previously, this had happened to any other Euro country. Finally, the mood had become rougher, the Commission even threatened with a multibillion-dollar penalty and a deficit recommended procedure against Italy.
According to the Commission’s view, Italy is not willing to the debt rules of the European Union. Although the country had remained with a deficit of 2.4 per cent below the permitted limit of three percent. Until the last target is a deficit, however, would be three Times as high as that of the previous government, with Brussels agreed. Also of 2.04 per cent were clear about it – most recently it had, however, the Anschien, so that Brussels could live.
Whether the proposal Contes a real relaxation comes in the discussions between Italy and the EU, however, remains to be seen. Of your key projects, such as a reduction in the retirement age or the citizens ‘ income, the government does not want to move away. The EU Commission wants to look at the plans of Italy in the coming days in more detail. So far, it was expected that the authority could launch in December or in January, officially, an excessive deficit procedure.
