Italy must get all possible budget flexibility, but debt must fall - EU

Italy must get all possible budget flexibility, but debt must fall - EU
 

Italy can count on all the flexibility European Union budget rules can offer with its 2017 budget but it should not increase its already very high debt, European Commissioner for Economic and Financial Affairs Pierre Moscovici said on Saturday.
"We understand that Italy can, and must benefit from all flexibility available," Moscovici told Reuters in an interview on the sidelines of the International Monetary Fund meetings.
"It was already the case in the past, with the investment clause, the structural reforms clause, with the cyclical clause, and, of course, we can also... read more

 
8 October 2016 in Business, Views: 53
Source: Reuters
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