Gentiloni, growth but without burdening public finances

(ANSA) - ROME, OCTOBER 19 - "I believe that it is a question of finding a balance at the basis of which there is the bet on maintaining significant levels of growth without which getting out of debt is difficult. The other aspect of the problem is to what extent he can discuss the pace of debt reduction, but the fact that action can be taken "on this" does not mean that the issue of permanently burdening public finance can be forgotten ".

We need to "preserve growth and avoid a burden on public spending".

   This was underlined by the EU Commissioner for Economic Affairs PaoloGentiloni at a press conference, confirming that "the mechanisms that affect the pace of debt reduction, established by various European regulatory instruments, will be part of the discussion in the coming months".

Gentiloni also clarified that the public debate on the revision of EU economic governance should not be considered "as a feared return to financial rigor, austerity and other developments that have taken place in the past".

The reduction of high levels of debt represents "one of the pillars of a sound budgetary policy" observed Gentiloni, which also depends "on the compatibility of this reduction with the aim of maintaining sustainable growth".

(HANDLE).