Lunedì 17 Dicembre 2018 | 13:19

NEWS DALLA SEZIONE

Rome
Budget returning to Senate committee

Budget returning to Senate committee

 
Cosenza
Calabria governor Oliverio in abuse-of-office probe

Calabria governor Oliverio in abuse-of-office probe

 
Rome
'Let's put bombs in churches' -Somali arrested in Bari

'Let's put bombs in churches' -Somali arrested in Bari

 
Rome
Italian woman killed in coach crash near Zurich

Italian woman killed in coach crash near Zurich

 
Milan
Six dead after car goes wrong way down highway

Six dead after car goes wrong way down highway

 
ROMA
Brexit: sondaggio, per 47% May 'coraggiosa', picco consensi

Brexit: sondaggio, per 47% May 'coraggiosa', picco consensi

 
Paris
Italian reporter shot in Strasbourg attack has died

Italian reporter shot in Strasbourg attack has died

 
Paris
Italian reporter shot in Strasbourg attack has died

Italian reporter shot in Strasbourg attack has died

 
Brussels
Budget talks going down to the wire - Conte

Budget talks going down to the wire - Conte

 
Paris
Italian reporter shot in Strasbourg attack has died

Italian reporter shot in Strasbourg attack has died

 
Brussels
Budget talks going down to the wire - Conte

Budget talks going down to the wire - Conte

 

Bali

Highly indebted States must follow Stability Pact-Draghi

Safeguarding healthy budget positions fundamental - ECB chief

Highly indebted States must follow Stability Pact-Draghi

Bali, October 12 - European Central Bank (ECB) Governor Mario Draghi said Friday that the highly indebted EU States must follow the Stability and Growth Pact. The government of Italy, which has a debt of over two trillion euros, has proposed letting its budget deficit rise to 2.4% of GDP next year. The European Commission has expressed concern that this plan could lead Italy to breach the rules of the Stability Pact. "In the euro area, in order to reap the full benefits of our monetary policy measures, other policy areas must contribute more decisively to raising the longer-term growth potential and reducing vulnerabilities," Draghi told the meeting of the International Monetary and Financial Committee, in Bali, Indonesia). "The implementation of structural reforms needs to be substantially stepped up. "The ongoing broad-based expansion also calls for fiscal buffers to be rebuilt. "This is particularly important in countries where government debt is high and for which full adherence to the Stability and Growth Pact is critical for safeguarding sound fiscal positions. "The transparent and consistent implementation of the EU's fiscal and economic governance framework, over time and across countries, remains essential". On Thursday Reuters reported that several top ECB sources had said the central bank would not come to Italy's rescue if the governments or the bank sector run out of cash unless Rome agrees a bailout from the European Union.

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