(Finance) – According to the European Commissioner for Economy, Paul Gentlementhere is a 51% chance of reaching an agreement on the reform of Stability and Growth Pact EU for tomorrow morning. “Progress has been made on the proposal, which the Commission thinks is balanced and we are working to have one conclusion balanced also by the Council. And I think it will be maybe the most important thing of the day, maybe of the night or maybe-he said-of the morning.”
“First of all it is very important to achieve a agreementbecause an agreement is an important signal about the meaning of responsibility for markets and public opinion. We need to rules that promote both stability and growth and we don’t need rules of austerity. We need rules that allow for a gradual reduction of debt and at the same time leave space for investmentswhich are indispensable for growth and we will work on this solution which is the basis of the European Commission’s proposal”, he declared arriving at the Eurogroup.