It ‘possible that Italy obtains by the European Commission a margin deficit in 2016 by appealing to the clause that provides in case of implementation of the structural reform program. “There is the possibility to use the clause of the reforms in 2016,” he told Reuters Vice President of the EU Commission, Valdis Dombrovskis, who will meet in the afternoon in Rome Economy Minister, Pier Carlo Padoan.
Dombrovskis also pointed out that the EU Commission are “realistic” new growth targets for 2015 and 2016 (respectively 0.7% and 1.4%) included in the Document of Economics and Finance approved by the board of Ministers last Friday.
And about the ongoing negotiations between Italy and the EU on the possibility for the state to intervene in the problem of bad debts, said: “We are aware of the problem and are working with the authorities Italian to find a solution. It ‘a problem that also affects other European countries. ”
The European Commission has so far shown uncompromising in considering the project of Italian bad bank contrary to European rules on state aid. On the carpet, there are a number of assumptions ranging from stronger intervention of the state, with a specific vehicle, in a speech lighter, as explained last week the Minister Padoan.
“They are all hypotheses that have pros and cons, we are evaluating the very detailed. In the coming weeks we will conclude this phase of dialogue to move to a phase of design specific measures to be taken,” he said. In Def reads that the government intends to define the measures to reduce non-performing loans by the end of June.
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