The management of the public debt, modulated country by country, promises to be one of the main innovations of the new European governance of which Eurocommissioner Gentiloni has recently
Less austerity and more development - The European Union is preparing to change the fiscal rules and a document being examined by Ecofin on Saturday relaunches the unbundling of investments from spending constraints as long as they are linked to EU objectives
From the website www.inPiu.net - After the elections, the central problem has once again become that of our country's financial and political reliability - Discussions with Germany and France on the economic and monetary future of the EU are on standby
In his book "Avanti. Why Italy doesn't stop" in bookstores from next Wednesday, the former prime minister and secretary of the Democratic Party, Matteo Renzi, proposes an exchange with the EU: no Fiscal compact but a reduction in public debt and a sharp cut in taxes…
While waiting for the European Parliament to express its opinion on his appointment as head of the EU Commission, Juncker speaks of a program for growth (to be finalized by February 2015) which envisages investments of 300 billion over three years - The…
"Growth cannot be achieved starting from additional debts - Draghi specified -. Flexibility must be accompanied by structural reforms. Governments should reduce spending, especially unproductive ones, and, if there is room, increase…
The president of the Eurogroup Jeroen Dijsselbloem spoke a little while ago on the stability pact. Yes to flexibility regarding real reforms that must not only be presented and promised, but implemented. Only in this case can you allow more time…
Jean Claude Juncker appointed to lead the Commission - The Italian premier: "I voted for him only because we obtained a political agreement" - "Never mentioned Enrico Letta's name for the presidency of the European Council" - Renzi not…
The latest version of the Council's conclusions speaks of "particular attention to structural reforms that strengthen growth and improve fiscal sustainability, making better use of the flexibility provided by the current rules of the stability pact".
The debate has ignited around the possibility of including or not the co-financing of EU funds and the payment of the Public Administration in the calculation of the deficit - Italy does not intend to ask to exceed the constraints, but wants Europe to grant…
Two fundamental points that the heads of state and government are called to discuss between today and tomorrow in Belgium: the priorities for the next five years, including guaranteeing virtuous countries greater flexibility on accounts,…
Merkel: the Pact "can be applied flexibly in individual cases", with a lengthening of the time frame for the return of the deficit in the face of a worsening of the economy, or the fact that investments can already be taken into account for…
An instrumental alarmism that will dominate the European electoral campaign is circulating in the Fiscal compact signed by the Monti government, but the truth is very different from what is being advertised and it is time to reveal it to the country: Italy will indeed be called to…
The new budget discipline takes effect throughout the Old Continent - Even for Italy, the obligation to balance the budget - The eight golden rules - Great Britain and the Czech Republic have opted out of the legislation.
The secretary of the Democratic Party in an interview with the Wall Street Journal: with the "revision" evoked by his economic advisor, Stefano Fassina, Italy does not intend to "renegade" the agreement, but simply "to highlight a problem, namely that European Union policy does not…
The Head of State replies to Berlusconi: "Commitments made by the last two governments in total awareness" - "We must not abandon the path of necessary severity and accompany it with growth measures that must be encouraged at European level".
After the approval from the Senate, today the Chamber gave the definitive green light for the ratification of the European treaties on the Fiscal Compact and the European Stability Mechanism - Here is a fact sheet on the two measures.
The leader of the Greens in the Bundestag, Jürgen Trittin, has explicitly asked for the attribution of the banking license to the ESM state-saving fund - The idea is not new, but for the first time it has been officially formalized - The German Constitutional Court…
The goal is to arrive at final approval before the summer break of parliamentary work, in order to send a precise signal to the markets.
Yesterday Palazzo Madama also gave the first yes to the ESM, now the final word passes to the Chamber which should examine the provision with an accelerated procedure.
In Germany, the debate has opened before the Constitutional Court of Karlsruhe regarding the appeals against the ESM: if the Consulta were to deem the precautionary request submitted to it founded, the new bailout fund would not enter into force in the next two to three …
Minister Moavero Milanesi in the Senate Foreign Affairs Committee expressed the hope that the ratification of the fiscal compact will arrive by July.
Agreement reached between Cdu, Csu and Fdp on one side and Spd and Greens on the other on the ratification by the Bundestag of the Fiscal Compact and the European Stability Mechanism, the new permanent state-saving fund - The Constitutional Court however warns: the entry…
The chairman of the Senate Finance Committee, Baldassarri: "Errors like in the XNUMXs" - But in the meantime, the aim is to reach a policy act in view of the European Council at the end of the month.
After the examination in the Constitutional Affairs and Budget committees, the spending review lands tomorrow in the Chamber - The fiscal compact is being examined by the foreign affairs committee - The serious consequences of the earthquake in Emilia-Romagna will be brought to the attention of the Industry committee, which will hear the …
According to the first government leaks, yes would have exceeded no with 60% of the votes - But only 50% of voters went to the polls - The real economy should begin to reverse the negative trend in 2013…
German Chancellor Angela Merkel's spokesman, Steffen Seibert, warns that "it is not possible" to renegotiate the European pact on strengthening budgetary discipline - The warning comes a few hours after Hollande's victory in France - Greece "imple…
This was supported by the French economist Jean-Paul Fitoussi, speaking in a hearing in the Chamber: "The European stock exchanges are dancing because Europe has accepted, not explicitly, to put itself under the control of the financial markets" - On Italy: " The Italian situation is very sustainable".