Berlin says Pact must be followed over investments -update

(ANSA) - Berlin, December 17 - A German government source said Wednesday that the EU Stability and Growth Pact must be respected when it comes to accounting for investment spending in budget calculations. The source was commenting on the possibility proposed by Italy of extracting investments on major projects from budget calculations. "The rules of the Stability Pact must be followed on investment calculations," the source said. "It will be up to the European Commission to evaluate...
    the Pact already contains a certain degree of flexibility".
   

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