The eu, the european Commission opens up flexibility for refugees or earthquake – The Messenger

“Italy will, with our help”. From the meeting of the Monetary Fund in Washington, where tomorrow he will arrive the minister of the Economy Pier Carlo Padoan, Pierre Moscovici, responsible for the Eu in economic Affairs, the curtains already the hand of the Italian government, and shows all of its availability of the “dove” within the Commission to accommodate the demands of Rome. Not only on the flexibility of the accounts relied on by Italy to the earthquake and migrants, but also on the future of the banking system, still uncertain between the sale of 4 good bank, capital increase of Mps and the disposal of nonperforming loans.

Moscovici talks about “flexibility, precise, limited, and clearly explained”, but possible, for the expenses required to cope with the refugee crisis, or an earthquake, as in the case of Italy, “or for a Country that suffers from terrorist attacks” as in the case of Belgium and France. At this moment sanction would be for Europe of a failure, explains the commissioner, and would only give rise to been subject to considerable debate, even in our Country, where the threat exists and where it should be supported – politically and of course economically – the efforts of the government Renzi.

In Italy, “there is a threat of populist. It is for this reason that we support the efforts of the U in order to be a strong partner within the Eu,” he stressed Moscovici, in an interview to the Bloomberg agency.

The words of the Commissioner, thus leaving you to glimpse the possibility of a compromise in Europe on the areas of the budget that Rome is preparing to ask for in the Draft budgetary plan, the planning document used by Brussels to express his judgement on the maneuver. By considering the various positions within the Commission, the opening probably will not be absolute, but Italy could enjoy a few decimal places more than the 2.0% deficit entered in the tables in the update Note of the Def.

In the report accompanying the Note, the executive has already asked the Parliament to raise the limit of debt up to 2.4%”, just to meet the exceptional costs of the earthquake and migrants, and, not surprisingly, the rumors parliamentarians suggest a possible rise to 2.2% in the policy document expected in Brussels on 17 October. Indications in this direction may probably also arrive in the hearing of a Novel scheduled for Tuesday evening, preparatory to voting in the Classroom shifted their Wednesday.

the increase in The deficit, not excluding even the deputy minister of Economy, Enrico Morando, could convince even the parliamentary Office Budget, which so far – by the onset of the opposition, and lifting the political debate also within the Pd – has not validated the numbers of the Note considered to be substantially inconsistent. To raise doubts, as explained by the independent Authority in the hearing of the beginning of the week is the Gdp set at 1% in 2017, is too high compared to the thrust that would result from the measures of the maneuver illustrated so far. Raise the deficit compared to the current level would allow, however, for the freeing of further billion to be allocated to economic growth that, with more resources for investment, could at that point reach the threshold, to which the government remains immovable, of the full number.