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Saccomanni: no improvisations on esodati and Cig

According to the Economy Minister, "the public finance forecasts for 2013 and 2014 are such as to allow the European Union to close the excessive deficit procedure in the coming weeks" and this "would make an important contribution to reducing the between our titles and the German titles”.

Saccomanni: no improvisations on esodati and Cig

Problems relating to exodus workers and the Cig are on the priority list, but must be tackled carefully. It is not possible to address them with improvised interventions”. This was stated by Economy Minister Fabrizio Saccomanni, speaking today at the presentation of the OECD report on the Italian economy. His these two questions, "the numbers have been uncertain up to now, for this reason I have started a strong study", then specified the Minister of Labour, Enrico Giovannini.

“We are oriented towards a relaunch of economic and sustainable growth and we continue firmly on the path of structural reforms that have already begun – added Saccomanni -. With growth, the debt burden decreases. We need to strengthen the productivity and competitiveness of the Italian economy. The government intends to pursue a growth-oriented strategy, combining European stability policies with decisive actions for the recovery of activity and employment”.

As for the public finances, according to Saccomanni “the results obtained in 2012 and the public finance forecasts for 2013 and 2014 are such as to allow the European Union to close the excessive deficit procedure in the coming weeks. This can take place by the end of May, at the latest in early June ". 

And Italy's exit from the excessive deficit procedure “is important for our country and crucial for the judgment of the rating agencies – underlined Saccomanni again -. It would make an important contribution to reducing the spread between our bonds and German bonds. On the cost of credit to the economy and with the easing of the credit crunch. Therefore, this is a very important path to which we must remain anchored. Exiting the excessive deficit procedure would allow us to loosen other constraints of the internal stability pact for the national co-financing of EU funds in the period 2013-2015 equal to 12 billion”. 

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