BRUSSELS – The European Commission has sent its proposal to launch an excessive deficit procedure on a deficit-based basis to the European Council. Italy, Belgium, France, Hungary, Malta, Poland and Slovakia. To the next European Economic Council On July 16, ministers from the 27 countries were asked to approve each country’s specific proposals on adjustment paths and deadlines.
Romania joins the list of seven countries with messy accounts, which began the same procedure in 2020. As for Italy, the recommendations made by the Economic and Financial Council have been the same for a decade: Land registry reform, fight against tax evasion, justice, public administration and pension reformtruly gender-equal policies, cutting the tax wedge, better credit access for businesses, debureaucratization, more liberalization.
And – for everyone – bloody cuts in public spending, if not a “mandate” for the dual transition and defense to comply with New Stability Pact This was also approved by the Meloni government. The committee’s decision was made last year. June 19as part of the European Spring Semester package. In a report submitted by the EU Economic Commissioner, Paolo Gentiloniruling: It was “reasonable” for seven selected Member States to initiate an excessive deficit procedure based on deficits.