EU, six recommendations to Italy: ‘Well target, but forward with reforms’ – ANSA.it

The government has ” the intention to present shortly a solution which respects the wording of the consultation and in line with the budgetary targets set in the Def ” on the issue of adequate pensions to inflation, arising from the judgment of Constitutional Court. So the MEF in commenting on the recommendation of the European Commission.

The European Commission supports the reform agenda of the government, which wants to proceed shipped and why granting Italy the ‘discount’ on the efforts of the budget in 2016 , as the government had asked for more freedom of maneuver. But flexibility is not granted a blank check: Brussels Italian knows the difficulties of implementation of the measures therefore monitor their path step by step. It will evaluate a relationship with ‘ad hoc’ debt on the impact of the issue to pensions, waiting to quantification, for now does not affect the judgment on the EU accounts issued in February. To make monitoring more concrete reforms, for the first time Brussels also sets deadlines: by the end of September he wants to see the decrees of the delegation and for fiscal year-end measures to strengthen banks. The economic recommendations published today by the Commission confirms the confidence in Italy. Commission Vice-President Valdis Dombrovskis recognizes “the strong political will of the authorities to carry out an ambitious reform agenda,” and says that “the recommendations of the claim today.” Measures “important” were already taken, “but there are still weaknesses.” Why Brussels, which wants to help the Government, considers “acceptable” the request to reduce the adjustment to 0.1% in 2016 (instead of 0.5%). But “will monitor the timely implementation of the reforms,” ​​he warns Dombrovskis because, if it were to slow, the flexibility could be revoked.

Especially in a context where the 2016 “EU forecasts show a deterioration of 0 , 2% of the structural balance as a result of which there is a risk of deviating “from the target and then where to take” additional measures, “the Commission writes. For now, the issue of pensions does not weigh on the judgment on the EU accounts (in particular on debt, the biggest weakness Italian). Brussels first wants to know the ‘remedies’ of the Government and, if they were not convincing, could prepare a new report ’126.3′, already extended in February, which will describe the impact on the budget and could call into question its flexibility. But “when the risk of the release of a report is foiled,” he reassured the Commissioner Pierre Moscovici. Brussels calls, however, to expedite privatization, for reducing the debt, since in 2014 he missed the target of 0.7% achieving only 0.2%. The recommendations touch on all of the weaker areas. On the reforms the EU invited to adopt pending legislation to modernize the pa and the strategic plan for ports and logistics. He asks to reduce the time of civil justice and to ensure that the Agency for cohesion is fully operational to improve the management of EU funds. Want measures “binding by the end of 2015 to address the remaining weaknesses in the governance” of the banks, in particular the role of foundations and measures to accelerate the reduction in impaired loans. Recalls that the implementation of the ‘Jobs Act’ on the adoption of the decrees, such as clarifying the use of layoffs. And to combat youth unemployment, calls for the adoption of the reform school.