The long-evoked flexibility
by member states in interpreting EU fiscal policy "will be
addressed in January, when the Commission will make a
statement", Premier Matteo Renzi said Thursday.
In his role of EU duty president Renzi has spearheaded a
drive for greater flexibility in meeting the conditions of the
Growth and Stability Pact requiring member states to remain
within rigid macroeconomic parameters, in the name of growth and
job creation across the continent.
His proposals have been broadly welcomed although the EU
institutions and some member states have made it clear that
flexibility is dependent on structural reforms.
Separately on Thursday the premier said Italians "can and
must pronounce the word 'future'".
"Our editorialists, the political talk shows look on the
present with desperation," said Renzi.
"If we go on like this we won't be going anywhere," he
said.
ALL RIGHTS RESERVED © Copyright ANSA
