Italian govt updates economic policy plan

New measures include debt reduction, deficit caps and growth

Italian govt updates economic policy plan

Rome, September 16 - The Italian government has drawn up a draft plan to revise its current blueprint for economic policy, known as the DEF, with a new plan that includes measures aimed at spurring economic growth, according to a copy of the document obtained by ANSA. The new national reform plan focusses on kickstarting company growth and employment. The plan foresees Italian public debt to total 132.2% of gross domestic product (GDP) in 2014, indicating that the reduction of the "extremely high debt-to-GDP ratio" is one of the "top priorities". Meanwhile, the plan highlighted the 3% budget-deficit ceiling as being insurmountable, an "obligatory parameter" for any future policy, also because "Italy cannot go back" to being reprimanded by the European Union for having surpassed it. (Photo: Economy Minister Fabrizio Saccomanni)

Lascia il tuo commento

Condividi le tue opinioni su Gazzetta del Sud online

Caratteri rimanenti: 400

Le altre notizie

i più letti di oggi