3% ceiling is joint rule, makes sense - Moscovici (3)

Responds to Salvini

3% ceiling is joint rule, makes sense - Moscovici (3)

Strasbourg, March 14 - The 3% budget deficit to GDP limit is a joint EU rule that "makes sense", European Economic Affairs Commissioner Pierre Moscovici said in commenting League leader Matteo Salvini's declared intention of ignoring it if he gets into power. "I'll let political leaders express their opinions but the 3% rule is a joint rule, I think it is a commonsense rule that enables the public debt to be reduced," Moscovici said. Salvini said Tuesday the Euroskeptic League may flout the rule in order to try to boost the Italian economy and pay for its flat-tax pledge.

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