Tag: stabilization agreement.

What do our bank accounts have to do with the pause in Mes and Pnrr in Europe?

What do our bank accounts have to do with the pause in Mes and Pnrr in Europe? What do our bank accounts have to do with the pause in Mes and Pnrr in Europe?

Blackmail, stalemate, political slap. On the one hand, the Mes reform as the government tried to delay the approval of the new European state savings fund as long as possible, demanding guarantees on the Stability Pact and banking union. On the other hand, Pnrr. Il Foglio writes today the proposal that Giorgia Meloni’s administration will […]

Mes: What it is and what Meloni wants in exchange for her approval

Mes: What it is and what Meloni wants in exchange for her approval Mes: What it is and what Meloni wants in exchange for her approval

Over the years it has resurfaced with a certain rhythm to stimulate Italian political debates and negotiations between Rome and Brussels. Those who were once opposed are now in favor. And those who gave the green light a few years ago now seem to have changed their minds. It can be said that Italy’s process […]

Meloni wants more money from Europe, Germany raises the wall

Meloni wants more money from Europe, Germany raises the wall Meloni wants more money from Europe, Germany raises the wall

A new “sovereignty fund” providing additional EU resources to encourage investment and competition. This is one of the demands that Giorgia Meloni’s government submitted earlier this week in Brussels. “This is not the time to ask for new funds,” said German Finance Minister Christian Lindner, a proposal that Germany has built a wall over. Rome […]

Scholz: “Enough of the endless increase in public debt”

Scholz: “Enough of the endless increase in public debt” Scholz: “Enough of the endless increase in public debt”

The German government wants to find a “balance” between the necessary “solidarity” in the Stability Pact reform and the requirement that member states not suffer “infinite and disproportionate increases” in public debt. German Chancellor Olaf Scholz explained this in his speech to the deputies gathered at the General Assembly in Strasbourg today. Germany will “play […]

Italy’s public debt will surpass Greece by 2026

Italy’s public debt will surpass Greece by 2026 Italy’s public debt will surpass Greece by 2026

Twice faster growth, more spending cuts and less “hunger” for loans. These are the keys that should allow Greece to surpass the title of the most indebted country in the European Union (in percent) and leave the dishonorable scepter to Italy. According to the provisions of the stabilization programs presented to the European Commission by […]

What is changing for Italy with the Stability Pact reform?

What is changing for Italy with the Stability Pact reform? What is changing for Italy with the Stability Pact reform?

The Stability and Growth Pact, which was suspended for three years after the pandemic, will be officially reinstated in 2024. But it may have a new look: after months of deliberation, the European Commission has presented its proposal to reform the rules governing public spending. Member States. Rules that have been accused for years, especially […]

Document The less you grow, the less you spend: this is how Germany wants to reduce Italy’s debt Berlin proposes changes to the Stability Pact’s reform put forward by Brussels. This will greatly reduce the expenditure margins for our country in the coming years.

Document The less you grow, the less you spend: this is how Germany wants to reduce Italy’s debt Berlin proposes changes to the Stability Pact’s reform put forward by Brussels. This will greatly reduce the expenditure margins for our country in the coming years. Document The less you grow, the less you spend: this is how Germany wants to reduce Italy’s debt Berlin proposes changes to the Stability Pact’s reform put forward by Brussels.  This will greatly reduce the expenditure margins for our country in the coming years.

On the one hand, there is the reform proposed and still under discussion by the European Commission to update the rules of the Stability Pact and make it more suitable for the growth needs of countries with high public debt, especially Italy. On the other hand, Germany’s counter-reform is now coming. If implemented as designed, […]

Brussels gives Italy more time to borrow (but asks to reduce aid on bills)

Brussels gives Italy more time to borrow (but asks to reduce aid on bills) Brussels gives Italy more time to borrow (but asks to reduce aid on bills)

Stability Pact reform still stalls, but given the return of fiscal rules suspended by the pandemic and further frozen by the war in Ukraine, the European Commission is throwing a lifeline at countries most at risk, such as Italy. . In fact, Brussels has decided to give more flexibility to member states that have to […]

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