At the moment, for Italy "additional measures do not seem necessary" on the public finances. The reassurance comes directly from the European Commissioner for Economic Affairs, Olli Rehn. Asked about the hypothesis that the next government might consider lowering taxes, the Eurocommissioner noted that "given the high level of public debt in Italy, it is essential that the country maintains the reform path and a consistent budget consolidation strategy. The full implementation of the measures on the accounts should allow Italy to reach a balanced structural budgetary position this year”.
In 2014, on the other hand, the adjustment could slow down and for this reason "it is important to maintain a coherent recovery path". Finally, the head of EU economic affairs recalled that "the Commission will continue to monitor Italy: we will make our recommendations in May, with the European semester".
