Il Economics and finance document the Government is working on will be “as expansive as possible, but selectively”: it will support “theoccupation and investments at the local level”, while respecting “market and budget constraints”. The Economy Minister said this today in a hearing in the Chamber, Pier Carlo Padoan, specifying that the Def will be presented to Parliament "at the end of next week" and approved by the Council of Ministers "immediately before".
The Executive intends to “make use of the new EU flexibility in the most efficient way possible, in a medium-term perspective – added Padoan -. The internal stability pact must be overcome because it works badly", on the other hand in Italy "there is a persistence of structural obstacles to growth that date well before the outbreak of the financial crisis": therefore it is important to continue with the reforms "to attack the causes of the crisis and open up to new investment opportunities”, in order to intensify the current “strengthening of the recovery both in economic and confidence terms. I expect increasingly positive data ”, he concluded.
