Friday, December 12, 2014

Padoan: “The EU accelerates plane Junker” – The Press

Padoan: "The EU accelerates plane Junker" – The Press

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Padoan:” The EU accelerates plane Junker “

The Economy Minister:” Europe fatigue to resume sustained growth. The risks become more pressing. ” Juncker: I have no fresh money. EU Commissioner Moscovici: we recognize the effort and the momentum of the government on reforms

Economy Minister Pier Carlo Padoan

12/12/2014

On the Juncker for European investment,” we must hurry because the crisis does not stop, does not it comes out. ” This was stated by Minister of Economy Pier Carlo Padoan.

Among the conditions necessary for the Plan Juncker bear fruit, Economy Minister cited the fact that “projects must be profitable but should also take into account the distribution of resources among the various members’ . The second condition, he said, “is that we must hurry and this because the crisis does not stop, does not comes out. Of course it takes several months for the mechanism to become operational, are likely to be many, but in the meantime you can do something, and here I think the role of the Beautiful. ”

Padoan then highlighted, as a third condition, “that there are other measures at European level to investment to grow and multiply,” and in this regard he cited national structural reforms and the European internal market . Just on the domestic market, in the opinion of Padoan ‘agenda remained a half since I started two decades ago. For example, there is no internal energy market or the digital. ”

The fourth condition, finally, is that “must have clear incentives to transfer the funds to the new national mechanism.”

Juncker: I have no fresh money

“I have no new money.” The said Jean-Claude Juncker in Nuremberg, speaking at the party congress of the CSU. But if states want to contribute with national resources to the fund are welcome, he added. “I say to the Romans and the Parisians, that this is not enough.”

Moscovici: recognize effort and momentum of government reforms

The EU Commissioner for Economic and Financial Affairs, Pierre Moscovici, in the course of a press conference in Rome, wanted to ensure that the Commission carries “a message not punitive but support and encouragement.”

“The challenges of the Italian economy are well known and are mainly two: restore competitiveness and reduce debt. The Commission closely as Italy faces these challenges since it is the third largest economy in the Euro area. I’m here in Rome and I have to recognize that there is a great effort and enthusiasm on the part of the Government towards these reforms. ”

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Reuters

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