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Mazzotta: "GDP deficit cannot exceed 2,9%"

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The chief inspector of the budget of the State Accounting Office warns: "Above the 2,9% limit, Italy's position in relation to European constraints is compromised" - Fassina asks to renegotiate the agreements with the European Commission to deal with non-deferable expenses .

Mazzotta: "GDP deficit cannot exceed 2,9%"

The ratio between net debt and Italian GDP it will in no way be able to exceed the fateful threshold of 2,9% in 2013. This was said by the chief inspector of the budget at the General Accounting Office of the State Biagio Mazzotta, during the hearing in Parliament. Each new expense published will therefore be financed through the reduction of other expenses or with an increase in taxes. Beyond the 2,9% threshold, Mazzotta says, "Italy's position in relation to European constraints is compromised"

Stefano Fassina, economic manager of the Pd, spoke today precisely on European constraints, asking to renegotiate the agreements with the European Commission, easing the deficit limit, in order to be able to face some undeferrable expenses such as fixed-term contracts in public administrations and service with Fs and Anas.

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