Renzo: What applies to France also applies for Italy
If the French spending increase security accorded special treatment under the EU rules on deficits of euro area Member States the same should apply to Italy, said Prime Minister Matteo Renzi yesterday
Renzo made his position is in response to the comment of the European Commission Chairman Jean-Claude Juncker, for whom the increased budgets of France to strengthen security after the attacks in Paris Friday should be excluded from the usual public expenditure by based on the Stability Pact.
"It is clear that what applies to France also applies to Italy," said Renzo during interview given.
A year ago, Rome had argued that some defense spending should be exempted from the rules laid down in the Stability Pact because of increased security risks in member countries of the single currency, but that proposal was rejected by partners in Italy, He reminded Renzo.
He was satisfied that now the EU's attitude seems to change.
The Commission announced this week that Italy is among the four euro area Member States which, on the basis of draft budgets for 2016 as submitted now have the European Commission is likely to violate European rules on deficits.
Renzo government budget slows the pace of the agreed fiscal adjustment. The public debt of Italy (133% of GDP) is the second highest in the eurozone, remaining only that of Greece.
The draft budget of Italy, expected to be approved by the Italian Parliament by the end of this year, increased spending on "anti-terrorism" measures by EUR 70 million in 2016.
Government officials have stated that it considered these costs to increase by EUR 120 million extra. The Matteo Renzi said today that increasing the amount allocated for the safety of Italy may be even greater, adding that he discussed this issue with the leaders of the parties
If the French spending increase security accorded special treatment under the EU rules on deficits of euro area Member States the same should apply to Italy, said Prime Minister Matteo Renzi yesterday
Renzo made his position is in response to the comment of the European Commission Chairman Jean-Claude Juncker, for whom the increased budgets of France to strengthen security after the attacks in Paris Friday should be excluded from the usual public expenditure by based on the Stability Pact.
"It is clear that what applies to France also applies to Italy," said Renzo during interview given.
A year ago, Rome had argued that some defense spending should be exempted from the rules laid down in the Stability Pact because of increased security risks in member countries of the single currency, but that proposal was rejected by partners in Italy, He reminded Renzo.
He was satisfied that now the EU's attitude seems to change.
The Commission announced this week that Italy is among the four euro area Member States which, on the basis of draft budgets for 2016 as submitted now have the European Commission is likely to violate European rules on deficits.
Renzo government budget slows the pace of the agreed fiscal adjustment. The public debt of Italy (133% of GDP) is the second highest in the eurozone, remaining only that of Greece.
The draft budget of Italy, expected to be approved by the Italian Parliament by the end of this year, increased spending on "anti-terrorism" measures by EUR 70 million in 2016.
Government officials have stated that it considered these costs to increase by EUR 120 million extra. The Matteo Renzi said today that increasing the amount allocated for the safety of Italy may be even greater, adding that he discussed this issue with the leaders of the parties
Δεν υπάρχουν σχόλια:
Δημοσίευση σχολίου