Sunday, October 9, 2016

Moscovici: the Deficit/Gdp to 2.4 percent? It is not the figure that we have in mind – EuNews

Brussels – "it is Not the figure that we have in mind". The Eu Commissioner for Economic and Monetary Affairs Pierre Moscovici takes the distances from the assumption that the meeting point agreed with Italy for the deficit/Gdp ratio in 2017 can be equal to 2.4%. In an interview to the television network Class CNBC, the exponent of Brussels reports that negotiations with Roma are still ongoing "with a constructive spirit and positive," stressing that the deficit has to be reduced to an appropriate level".

A deficit/Gdp ratio of 2.4% for 2017, it would be acceptable to the Commission? "I do not mean to enter on the figures, ” she answered, Moscovici – but these are not the figures that we have in mind at this point, and the Italian government knows this well. I don’t think that this is the figure that in the end, we will: again, this is the purpose of the discussions that we’re having".

"We are discussing with the Italian Government, he added, with a constructive spirit and positive. But also with a spirit of serious, because there are rules that must be respected by all actors. Italy is a strong partner in Europe, and this means also show that a Country wants to give an example."

with Respect to the voting of italians in the referendum, but in Italy "there is a need for reforms". He then said Moscovici in an Interview.

"There is a wide range of choices for those who vote in Italy – it has observed – and I do not mean to show any sympathy. I have my sympathies as a member of a political family in Europe, but that’s not my point. Us, “he continued,” we observe the situation carefully. And' the Italian people must make choices, but as I have already said there is in need of reform, strong in Italy, and these reforms are also linked to the structure of the economy, the judicial system and also to the institutional structure, because when the institutions work well and are capable of displaying clear choices then you can feel more strong. It is not for me to comment on (the political situation in italy, ndr), I am not a voter of the Italian, are a voter’s French. And, we always respect the vote. But when we look at the Brexit, for example. There was a referendum and a vote that must be respected, but that is also regrettable. It is up to italians to decide what are their interests".

Moscovici has also held to clarify the meaning of his statements on the flexibility can also on the costs incurred for the reception of migrants and for the earthquake. "It is not a matter of green light from the Eu Commission, ed.). Italy is one of the main economies of the Eurozone, and one of the main partners and was a founding member, and we want an Italy that is strong, the heart of Europe. We are always in need of Italy, as always, at the head of the european convoy, and not delivered to the forces of populist or contrary to the Europe or to the Euro".

to The request for clarification on his statements on populist Italian, Moscovici replied: "Those who say to the italians that the euro is not in their best interest and that Europe is their future they are mistaken. Promise a future within the national borders, and with an Italy that would be really confined, and too small. We are in a complex world and at the centre of the financial system, as seen in these meetings of the Monetary Fund. And in the complex world in which we find ourselves, we need to have great examples of the politicians. And the fact of belonging to Europe and be a strong partner in the euro-zone constitutes an important asset. Italy is an asset for Europe and for the euro and Europe is an asset for Italy."

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