Tuesday, November 29, 2016

Dijsselbloem wants the flexibility for Italy And Schäuble are “Yes,” – Corriere della Sera

The president of the Dutch of the Eurogroup Jeroen Dijsselbloem has frozen the expectations of premier Matteo Renzi and Economy minister Pier Carlo Padoan for more flexibility in the maneuver 2017 already by the Council of the 19 finance ministers of the next Monday. Dijsselbloem, eurosocialista, but in line with the minister of Finance europopolare germany’s Wolfgang Schäuble and the other colleagues of the North “rigorists” about the constraints the Eu budget, in a hearing in the european Parliament Brussels closed to the spending policies are more expansionary proposals by the european Commission.

replication Italian

“Dijsselbloem has no awareness of what is happening in Italy,” said Renzi, who, while he obtained from Schaeuble for a “if I was Italian I would vote “Yes” on the vote of the 4th of December. The day after the referendum, if things go well, I will ask Parliament to put the veto on the eu budget, if the Union does not change the attitude on the policy on migrants”. For the minister of economic Development Carlo Calenda “Dijsselbloem is taking a blunder, which it does quite regularly”. Padoan said he was “relatively optimistic” because “the debt is stabilising”. Dijsselbloem expressed in line with Schaeuble, who does not want to show himself to be soft with the Countries of the South with budget difficulties in view of the elections in Germany in 2017. “We are not stable enough to let go of this type of trajectory of the budget,” said the president of the Eurogroup. He speci fically rejected the proposal for a “fiscal stance” is made to pass painstakingly from the commissioner eurosocialista French Pierre Moscovici in a Commission split. The Countries with the greatest budgetary margins (such as Germany) should invest a 0.5% of gdp in the euro area to promote growth. Dijsselbloem has reminded Moscovici decisions to take “the 19 finance ministers”. The european Commission has made it known that it was within the limits of its mandate and to have made proposals in the context of the current rules. The maneuver is Italian for 2017 has already been assessed at risk of non-compliance with the constraints of the Eu by the Eu commissioners. But the decision was postponed until the Eurogroup of next Monday to pass the referendum on the 4th of December in Italy without raising concerns of interference in internal politics. Renzi and Padoan expect more availability from Brussels. Now Dijsselbloem has made it clear that the various Germany, the Netherlands and Finland do not intend to make too many concessions to Italy with a big debt, like Portugal, Spain and even France (in the excessive deficit). Meanwhile, the instability in the pre-referendum coincides with the strong ups and downs in the markets. The Milan Stock exchange climbed more than 2% driven by banks, which bounced after a heavy collapse (Mps + 17,4%, Carige, Ubi and Bper a 5%, Intesa, Bpm, Mediobanca and Banco Popolare above 4%, Unicredit +3,1%).

November 29, 2016 (change on 29 November 2016 | 22:01)

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