(Finance) – The Minister of Economy, Giancarlo Georgettesaid that the government’s goal is the balanced budget. “Obviously by separating the interest portion of the debt. And I think we will succeed in 2024,” he said during a video interview at the Open online newspaper Festival. On GDP “there will be an upward correction, but this will not be the solution to the problems,” he explained, adding that “there are no treasures” https://www.Finance.it/DettaglioNews/189_2024-09-20_TLB/. “We are committed to the mission of restoring the finance publicafter years in which debt has skyrocketed – he added –. The aim is to achieve a balanced primary budget”.
There maneuver will have to be at least 0.5% of correction, recalled Giorgetti who underlined how the room for maneuver comes “following the dividend that we have recovered with respect to the fact that this type of approach is appreciated also and above all by the markets”https://www.Finance.it/DettaglioNews/189_2024-09-20_TLB/. “We certainly answer to Parliament and our citizens but our public debt is around 3,000 billion and someone has to underwrite it – he continued –. So we need savers Italians And foreigners who signs it every two weeks.”
“It’s a complicated job but the fundamental prerequisite for its success is called trust so we must continually inspire this trust in everyone”, he added.
The minister then spoke about the possibility of reaching a European public debt. “Every time I proposed, with unchanged conditions, simply a one-year extension to use the PNRR, the battery started up in Ecofin with the German minister, the Swedish minister, the Finnish minister opposing it. In this situation, I would be skeptical about a European public debt”. Speaking about the possible implementation of the floor DragonsGiorgetti stressed that “politics is above all decision. I don’t think it’s very easy to decide in this sense in Europe. Also because of the system of rules”.