(ANSA) - ROME, NOVEMBER 22 - In the hypothesis of the Commission for the revision of the rules of the Stability and Growth Pact for investments, the time factor replaces the so-called 'golden rule' on investments: "We allow member countries who choose to invest in our priorities common to have the option to have more time to gradually reduce the debt".
It is a tool that "aims at the same goal" as the golden rule.
This was explained by the EU Commissioner for the Economy Paolo Gentiloni at the question time at the Pe.
"We propose a different way of taking into account the same needs that are usually treated with the 'golden rule', which certainly do not cancel the debt, but allow member countries to have a different accounting of investments",
Gentiloni explained again, underlining that "it is not a question of a 'golden rule' but of a rule which provides for a time advantage".
(HANDLE).