BRUSSELS (BELGIUM) (ITALPRESS) – The European Commission has approved the Structural Budget Plan submitted by the Italian government. Brussels disclosed that overall, out of 21 plans examined, “20 meet the requirements of the new framework and establish a credible fiscal path to ensure that the debt level of the respective member states is put on a sustainable downward path or maintained at prudent levels. “In detail this concerns Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Ireland, Greece, Italy, Latvia, Luxembourg, Malta, Poland, Portugal, Romania, Slovakia, Slovenia, Spain and Sweden. For these member states, the Commission recommends that the Council approve the net expenditure path included in the Structural Budget Plans. In the case of the Netherlands, however, Brussels proposed that the Council “recommend a net expenditure path consistent with the technical information transmitted by the Commission in June.”
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(ITALPRESS).