(ANSA) - BRUSSELS, NOVEMBER 04 - "We must reflect on how our budgetary rules can guarantee a gradual and realistic reduction of the high levels of indebtedness" of the Member States "without stifling growth". This was stated by the European Commissioner for the Economy, Paolo Gentiloni, at a conference on Europe's strategic choices for 2021, underlining that "without growth it will be extremely difficult to control the debt", evidence shown by the data for the second quarter of this year, when " public debt in the euro area fell to 98% thanks to the rebound in GDP ".
"I believe there is a broad understanding that it is not a question of 'whether' to change the rules, but rather of 'how' to change them," added Gentiloni, explaining that in the coming months Brussels wants to commit "to this 'how'" to "build a consensus" among the member states "on the way forward, with an open mind, new ideas and thoughts".
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