CDM approves Def, Renzi: “Italy starts, in 2015 growth + 0.9%” – TGCOM

21:34 – “They expected a lower figure of our growth, but today many indicators say that Italy is divided.” A support is Prime Minister Matteo Renzi who, following the Council of Ministers approved the Def, explains that the document “can only photograph the state of the art, higher growth, + 0.9%” for the 2015. And if “in 2015 we turned, we accelerate in 2016″.

Renzi also explained that the area of ​​flexibility for reform will 0.5%. To this is added the space for investment, another 0.5%, which, however, “we will not use it all, but only for one 0.3″.

ratio debt / GDP will drop in 2016, will be the first time since 2007 – According to the Update to the Def, the debt / GDP ratio will amount in 2015 to 132.8 % in 2016 and fall to 131.4%, for the first time in the fall of 2007. Both estimates are higher than in April (previously 132.5% in 2015 and 130.9% in 2016).

Draw budget sled 2018 – The budget balance will slip even than the estimates of Def: the aim is in fact moved from 2017 to 2018.

revised up growth forecasts – The 2016 will close with a GDP growth of 1.6% and a deficit / GDP ratio programmatic 2.2%. In April, the government estimates indicated a growth of 1.4% and a deficit / GDP programmatic 1.8%.

“Flexibility” will be worth 13 billion euro – The new data indicated in the Update to the Def, will bring flexibility “total” achieved in 2016 (including one already granted by ‘ EU and that included in the Update to the Def) to 0.8% which is about 13 billion euro.

Padoan: “Way to go, good structural adjustment path” – For the Minister of Economy, “the profile of the public finances will respect the rule of debt. We are all ‘ internal rules also with regard to the debt – said Pier Carlo Padoan – what matters is the path of structural adjustment “.

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