Finance Minister Giovanni Tria Says Deficit Cutting Paramount to Aid ‘Stagnating’ Italian Economy

김동수 / 기사승인 : 2019-07-30 18:42:45


▲ [Photo source : Wikimedia Commons]

[스페셜경제= Dongsu Kim] Finance Minister Giovanni Tria says that Italy’s main concern in a stagnating economy, not one in recession, would be to keep the country deficit under control.

Bloomberg reports that while Italy and the European Union are still locked at an impasse, Tria offers advice to the EU claiming that the only way for an agreement to be made between them was if the union agreed to change what he says are “wrong” fiscal rules. Tria adds that through fixing these, the union can foster and boost more economic activity.

Speaking on a Sunday interview with Corriere della Sera, Tria elaborates that he merely thinks that the country is going through a “situation of stagnation”, and that the government would do well to release GDP performance numbers on January 31st for “the last three months of last year to be sure.”

Since Italy has been stuck trying to decide how best to proceed with its monetary decisions, Tria said that even though there had been a difference of opinion that had stewed within the government, everyone eventually agreed that cutting deficit was the first move to recovery.

The populist coalition, for instance, has reportedly agreed to a 2.04 percent reduction goal for 2019’s GDP, hoping to sway the EU’s attention back after the union had first declined their initial 2.4 percent target.

“I was of the opinion that we had to maintain a more contained deficit,” according to Tria. “Then the economic situation got worse in Europe and in Italy.”

Tria acknowledges that Italy had made decisions that were rejected by the EU for obvious reasons, but now, Italy is ready to turn a new leaf. According to Tria, the Italian government, since its last mini-spat with the EU, has now begun the path of maturity and has resolved to work a deal befitting the budget, if only to ease tension between Italy and the EU.

伊 2019 재정적자 2.04%로 하향..EU 제재 피하려

[스페셜경제= 김동수 기자] 이탈리아 정부는 최근 유럽연합(EU)의 제재를 피하기 위해 올해 재정적자를 2.04%로 하향했다고 밝혔다.

주세페 콘테 이탈리아 총리는 "정부는 국가채무에 대한 EU 규정을 어길 때 개시되는 EU의 제재 절차를 피하기 위해 76억 유로(약 10조 250억 원) 규모의 예산을 절감하는 조정안을 승인했다"고 말했다.

그는 이어 "이 조치 덕분에 우리는 올해 예산에서의 국내총생산(GDP) 대비 재정적자 규모를 당초 목표로 했던 2.04%로 맞출 수 있게 됐다"고 덧붙였다. 이는 지난 4월 기준으로 예상되던 GDP의 2.4%보다 0.36%포인트 낮은 것이다.

한편 이탈리아는 올해까지 부채비율을 132.6%, 내년까지는 131.3%로 줄이려 하고 있다.

[ⓒ 스페셜경제. 무단전재-재배포 금지]

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