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New Stability Pact must focus more on growth - Meloni

New rules needed by the end of the year says premier

Redazione Ansa

(ANSA) - ROME, MAR 21 - Premier Giorgia Meloni said Tuesday that the European Union must reach an agreement on a new Stability and Growth Pact, with rules for State budgets that give greater stress to fostering growth, by the end of this year.
    "It is necessary to have new rules on the Stability Pact, based on realistic principles after the COVID pandemic, by the end of 2023," the premier said as she reported to the Senate ahead of this week's EU summit.
    "Greater balance is needed between stability and growth.
    "In the past there was more attention to stability.
    "Now we need attention on growth.
    "This is our priority.
    "The new rules must support public investments.
    "The time of austerity is over". (ANSA).
   

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