Arab Today, arab today italy financial minister urges structural reforms in eu
Last Updated : GMT 09:09:51
Arab Today, arab today
Arab Today, arab today

Italy financial minister urges structural reforms in EU

Arab Today, arab today

Arab Today, arab today Italy financial minister urges structural reforms in EU

Italian Financial Minister Pier Carlo Padoan
Brussels - XINHUA

Italian Financial Minister Pier Carlo Padoan said Tuesday that the European Union and Italy must focus on making structural reforms to boost growth.
Italy will try to help all EU member states to find incentives to reform, according to Padoan who chaired the first finance ministers' meeting under the Italian presidency on Tuesday.
The meeting is considered a key forum for any change in the direction of the EU's economic policy.
Padoan said structural reforms must be made in the EU to encourage growth and investment, although he did not specify what reforms his country wanted to push for.
"The strategy that the Italian Presidency suggests to addressing growth and jobs rest on 3 pillars: First of all we need better market integration and this is consistent with the Europe 2020 strategy that is to be reviewed by the end of this year. Second, Structural reforms as a major powerful driver of growth in all countries and third finance instruments to support and boost investment both public and private," said Padoan.
The comments comes amid weeks of discussions that Italy urged greater flexibility in meeting EU's budget deficits limits in order to allow for more spending to help reduce unemployment , while Germany, the Netherlands and other stronger economies argues the government debt rules must remain unchanged.
According to EU rules, each member state's government budget deficit should not exceed 3 percent of its annual gross domestic product (GDP), and overall government debt should be kept under 60 percent of GDP.
Italy, as the third largest economy in the eurozone, is struggling with high unemployment rate which is up to 12.6 percent, and its accumulated public debt is projected to reach 135 percent of GDP at the end of the year.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today italy financial minister urges structural reforms in eu Arab Today, arab today italy financial minister urges structural reforms in eu

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today italy financial minister urges structural reforms in eu Arab Today, arab today italy financial minister urges structural reforms in eu

 



Arab Today, arab today
Arab Today, arab today Designer Aql Faqih aspires to innovation

GMT 18:41 2017 Friday ,20 October

Designer Aql Faqih aspires to innovation
Arab Today, arab today What's the reason and what you can do

GMT 05:44 2017 Sunday ,22 October

What's the reason and what you can do
Arab Today, arab today Etiquette expert underlines importance of gifts

GMT 17:52 2017 Sunday ,03 September

Etiquette expert underlines importance of gifts
Arab Today, arab today Prayers turn to nightmare

GMT 06:14 2017 Sunday ,22 October

Prayers turn to nightmare
Arab Today, arab today Hiring not part of Alibaba pledge

GMT 11:26 2017 Wednesday ,18 October

Hiring not part of Alibaba pledge
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today World's deepest lake in peril

GMT 15:54 2017 Friday ,20 October

World's deepest lake in peril
Arab Today, arab today Ex-French minister Dati wants tough action

GMT 10:54 2017 Thursday ,19 October

Ex-French minister Dati wants tough action
Arab Today, arab today Delhi braces for pollution 'airpocalypse'

GMT 16:07 2017 Friday ,20 October

Delhi braces for pollution 'airpocalypse'
Arab Today, arab today The history of solar eclipses

GMT 05:16 2017 Sunday ,20 August

The history of solar eclipses
Arab Today, arab today EU raids automaker BMW

GMT 11:06 2017 Saturday ,21 October

EU raids automaker BMW
Arab Today, arab today Sweden to get biggest car factory

GMT 14:10 2017 Friday ,20 October

Sweden to get biggest car factory
Arab Today, arab today Actress Mona Zaki praises husband’s role

GMT 08:15 2017 Thursday ,19 October

Actress Mona Zaki praises husband’s role
Arab Today, arab today Massacre fears spark race

GMT 19:09 2017 Thursday ,19 October

Massacre fears spark race

GMT 08:57 2017 Wednesday ,18 October

Actress Shery Adel happy for Egypt’s qualification

GMT 18:15 2017 Monday ,16 October

British actress becomes fifth woman

GMT 16:53 2017 Tuesday ,05 September

Youssra depended on colored foam

GMT 16:00 2017 Wednesday ,18 October

Climate-disrupting volcanoes helped topple

GMT 10:46 2017 Saturday ,05 August

Nanis reveals simple ideas for home renovation

GMT 10:18 2017 Saturday ,21 October

How to do open-heart surgery

GMT 13:44 2017 Friday ,20 October

Barcelona through George Orwell’s eyes

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 20:46 2017 Thursday ,19 October

Qualcomm files lawsuits in China to ban iPhones

GMT 16:53 2017 Saturday ,02 September

Mai importance of gifts during Eid Al-Adha
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday