Economy Minister Giovanni Tria a Luxembourg attended the meeting ofEurogroup. The European Commissioner for Economic Affairs was also present at the meeting Pierre Moscoviti that he said that the "deficit of 2,4%, for the next three years, represents a very significant deviation".
The mins of the Finance Finnish he added: "I look carefully at what is happening in Italy and I am certainly scared but I am sure that the Italian government knows what it has to do and therefore we hope for the best".
An important meeting this during which Tria said she wanted to explain how the maneuver works by inviting calm, receiving pats on the back from everyone. Solidarity with him because they know that the Italian minister is on their side.
Pierre Moscovici, EU Commissioner for Economic Affairs: “The Italian government seems to favor public spending. A measure that makes people popular in the short term and can lead to a growth in consensus but in the end we have to tell the truth to the Italians who pays?
Eurozone raises doubts - the Vice President of the Commission he talked about a budget in collision with European rules, a position which was echoed by that of the Dutch minister.
Juncker called on Italy to back down and review the economic maneuver, evoking the Greek crisis.
Economy Minister Giovanni Tria, during his return to Italy leaked that if the 2,4% line is confirmed, the EU rejection will be inevitable. This has never happened in the EU. The reason is the violation of the debt relief rule. The 1,6% deficit / GDP value is the minimum for the European Commission to ensure that there is a minimum reduction in the deficit in structural terms. President Jean Claude Juncker fears the danger other countries may follow Italy in making more public debt. For this reason the populist and nationalist forces are lurking, Paris and Berlin are in alarm about it.
The one who wanted to speak immediately about Italy was responsible for the French finances The Mayor, "all states must abide by the commitments made, the rules are the same for everyone". There Spain aligned with Spanish Minister Calvino who said, "no one benefits from triggering an episode of financial instability and less than anyone else from Italy". Mario Centeno, the president of the Eurogroup, "we still have to wait when Italy presents all the figures, but the math is not difficult anyway".