Tuesday ‘maneuvering in CDM, 10 billion from spending review – AGI – Agenzia Journalistic Italy

Economy

17:44 April 4, 2015

(AGI) – Rome, April 4 – Immediately after the holidays ‘Easter will come’ approval Def: the document will be ‘fact presented in the Council of Ministers scheduled for Tuesday’ at Palazzo Chigi at 13:30. Subsequently pass ‘to the Chambers for the parliamentary resolution and by April 30 must’ be sent to Brussels. As leaked by the Ministry of Economy, the Def expected for 2015 a growth of 0.7-0.8% and a deficit / GDP ratio to 2.6%. The government aims then to use the flexibility clause ‘on reforms and to obtain from the spending review about $ 10 billion in 2016. The objective and’ defuse this year the safeguard clauses which would result in an increase in VAT and excise duties for 16.8 billion. Finally, a balanced budget, expected in 2017, could slip further one or two years. (AGI).

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