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This article was published on December 18, 2014 at 20:08.
The last change is the December 18, 2014 at 23:07.
Green light of the EU on the ground that creates a new fund for strategic investments (Efsi) with aims to mobilize 315 billion euro in 2015-2017. The European Council has already concluded this evening in Brussels took “note of the favorable position” indicated by the Commission to the contributions of the countries, “necessarily in line with the flexibility” exists. The details on the governance of the fund, however, will be provided by President Jean-Claude Juncker at the extraordinary Council convened on the subject for the next 12 and 13 February, said Undersecretary for European Affairs Sandro Gozi.
Starting from next June
“The Commission will propose that the Council is asked to approve by June, so that the new investment plan Juncker can be activated in mid-2015 at the earliest.” The European Investment Bank is “invited to begin activities” using its funds from January 2015.
Investment and national public accounts
The resources of Italy to the common fund ‘will not be’ considered in evaluating “its public finances,” but for the national investment “that weigh on Italian accounts is more complicated: the Covenant does not allow a priori the same treatment. ” In “will talk” in January addressing “flexibility within the covenant,” he said today in Skytg24 Juncker. However, “a first step,” he commented today Prime Minister Matteo Renzi, who goes “in our direction.” Gozi even went further by claiming that the summit is sostanzialemente past the concept of “separation.” The European Council will say that “takes note” of the decision of the EU Commission on the ‘leniency’, or the effect that will have neutral States’ contributions to the fund Juncker respect to the calculation of the deficit and public debt.
According Gozi, it is a text “much more explicit than what we found on the table,” the beginning of the summit. “The point was that what they should do, the European Council with respect to the Commission’s statement,” which already spoke of “treatment favorvole.” Now, said the Secretary, “there is a endorsement of the Council, although still the Commission had exclusive jurisdiction on this point.”
Flexibility, “opens a path ‘
As for the’ flexibility ‘requested by Italy in general for all domestic investment, by the Stability Pact least scomputando the co-finanziameni Community funds cohesion, Gozi explained that “this EU summit opens a path that passes for communication right on the flexibility that the Commission will submit in January.
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