Wednesday, October 8, 2014

Renzi: keep deficit at 2.9% photo Merkel: important steps from Rome – Corriere della Sera

Renzi: keep deficit at 2.9% photo Merkel: important steps from Rome – Corriere della Sera



Milan , October 8, 2014 – 16:56

     
     
 

Europe finds herself in Milan for the Employment Summit and promotes Job Act of Matteo Renzi (despite heavy opposition in the Senate, described as “more of the dramatics that of politics”) for German Chancellor Angela Merkel Italy “is doing an important step from this point of view,” because it is now necessary “remove the barriers” in the labor market; to the President of the European Commission, José Manuel Barroso the new measure “can have great impact on the competitiveness of the Italian economy. My message to the Member is: to have more growth and more jobs go ahead with the reforms. ” Even Herman Van Rompuy, President of the EU Council praised the operation.



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Renzi welcomes ministers and heads of state at the European summit at Work

 

Hollande: ‘Growth priority for all “

The French President François Hollande, after the news about the deficit trans leaked a few days ago, he turned again to the European Union calling for ‘an adjustment of fiscal policies “to encourage growth in the Old Continent. “We need to adapt the pace of economic policies to that of the growth, because it is threatened and therefore we must devote all the attention, because we are all concerned. If all applicassero austerity, and it is not the case in France, there would be a further slowdown in growth. ” And Unemployment Unemployment Europe “must act faster and better. We need to get goals that go beyond those that we have already fixed. ”

Renzi “Without growth there is no work”

And the landlord Renzi, when he spoke, he wanted to point out:” Without growth there is no work, no job and no dignity without dignity there is no Europe: return to to focus on growth means ask Europe to get back to being herself. The debate between austerity and growth, as we are doing not only in newspapers but also in the corridors of Brussels technicians and officials, is likely to kill the first victim: common sense. ”

“For reforms let us look in the mirror, but something is not right”

The Italian prime minister has reiterated: “Who wants to change the world and afraid to look in the mirror is not credible: Italy will be credible in its willingness to reform only if they take home the ones that promised for thirty years and started work in the last six months. ‘ The Prime Minister then reiterated: “We are not satisfied with this Europe, arid if one thinks only of constraints: not enough. But to be credible, we must first of all know that from our house, even though I said very clearly that the European economic model is not convincing. Is there something wrong with me that we have lost 7 million jobs, one in Italy, and that unemployment rose from 7 to 11%. It should make us question the model that Europe has, had and will have. ”

Renzi: “We will respect the 2.9%, the problem is the reputation”

Granted, then, that 3% will be respected, indeed, the 2.9 in the deficit / GDP ratio even for a matter of “reputation,” Renzi showed that Italy “has a situation of contradiction, because if we were to accept all the recommendations of the commission, sometimes be infringing the bond of the covenant. ” For example, he explained Renzi on the debts of the pa, which amounted to about 60 billion, of which 57 are already paid for, but “even if we pay the last 3 billion sforiamo the covenant of 3%. It is a contradiction, and also the European co-financing can make us exceed 3%, and we do not cofinanziamo but then do not we all use EU funds. “

Barroso: “With too much rigidity in the budget can not invest”

Regarding the “dryness,” Renzi received prompt response from Barroso “The rules in Europe are not very flexible, I hope that Europe will reach an agreement. We are not able to invest when there is too much rigidity in the European budget. ”

Merkel: “15 billion for domestic demand and Education»

And Merkel acknowledged that the Stability Pact provides some flexibility: “I am confident that all will meet their responsibilities. Germany is taking a number of measures to strengthen domestic demand, such as the minimum wage, and are 9000000000: 15 will be around to support domestic demand and education. ”

Youth unemployment, Van Rompuy: “Lost Generation”

Van Rompuy went on to analyze the situation:” Despite all the efforts and signs of improvement, the overall unemployment remains around 12% in the Euro area and 11% in the EU as a whole: an unacceptably high level . That youth erodes the foundations for future growth: the risk a lost generation. ” One possible solution, however, is: “There is a strong need for reducing taxes on the working world, I think this might be the biggest promotion” to revive the world of work.

Schulz: “That the use billions for young people ‘

The First to take the floor at the convention center FieraMilano, was the president of the European Parliament Martin Schulz: “I hope that we will find a strategy to combat youth unemployment, and quickly. It is the third summit and I hope in particular that the 6 billion that the European Parliament has ensured to be available in 2014 and 2015 are used for this purpose by the Member States. “

The Beautiful “Funds almost doubled”

In fact, the funds of the European Investment Bank for this purpose should be toward the goal: it announced the vice-president of the EIB, Dario Scannapieco. Speaking at the summit said: “In 2013 we initially expected the other six billion” and “at the end of September 2014, our loans have already reached nearly 10.5 billion, and there is always a lot of demand for funds Bei.”

October 8, 2014 | 16:56

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