“The GDP growth will be 0.7% in 2015 and then by 1.4% and 1.5%. It is prudent forecasts but the first data are encouraging, “announced the minister, ‘With Def support the recovery while avoiding the increased tax burden,” also because it is in the presence “of a significant improvement of the environment.”
Then, referring to the Italian partial deviation from the MTO is reached (the MTO) with a draw to 2017, said to be “confident of the positive reception for the flexibility clause by the EU Commission and the Council. “
” The more favorable environment allows faster recovery and higher growth than expected, “says Padoan, specifying that those of Def are ‘forecasts prudential’ and the government’s action “is strengthened not weakened by certain window of opportunity that must be capitalized in the long run.”
Stop safeguard clauses. “The revenue losses – says Padoan – will be partly offset by spending cuts to 0.6% points of GDP”; the “difference of a tenth of a point of GDP” between deficit trend and planning, the so-called “treasure” by 1.6 billion, will be used to “measures with temporary effects on the budget for 2015, but consistent with the process of reforms undertaken. “
The Def, said the minister,” confirms a clear change of gear in the economic and financial situation of the country. The Government will act to support the recovery and avoid a tax increase and raising investment. In front of the first signs of improvement, “the government” reiterates its commitment to work vigorously for the completion of the reforms that the country needs for many years. The effects will be strengthened by the reform of the electoral law and the acceleration of the decision-making process. “
April 21, 2015 20:49 – Last Updated: 20:53
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