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(ANSA) – BRUSSELS, SEPTEMBER 12 – In Ecofin “the common assessment is that a recovery is taking place a little greater than expected, even the ECB has revised the GDP data, but there is also a lot of uncertainty and we are going strong GDP reduction in the second quarter in all countries. That is why we, like others, underline the need not to stop too soon the expansionary policy of support to the economy “, which” will be necessary to maintain the following year as well “: said the Minister of Economy, Roberto Gualtieri, at the end of the informal Ecofin in Berlin. “There is consensus on this, Italy, along with others, has decided to support this analysis,” he added.
Specifically, in the Eurogroup “many colleagues have highlighted that the data from Italy are better than expected, Italy is among those who are experiencing a rebound that is felt,” said Gualtieri.
The minister explained that it was “discussed to specify the entry into force of the backstop (parachute of the bank savings fund, ed), which is linked to the reform of the Mes treaty, and we agree on the opportunity to work to have the early introduction of the backstop since the end of next year. ” Furthermore, “when it is appropriate to overcome the temporary suspension of the Stability Pact, it will be necessary to review the rules that improve its character,” said Gualtier, because today there is “too much complication, excessive pro-cyclicality, a lack of incentive to invest.” (HANDLE).
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