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Italy, France, Spain and Portugal make a proposal to the EU on budgeting methodology

Download letter   Rome, 4 May 2017 – The Minister of the Economy and Finance Pier Carlo Padoan, together with the finance ministers of France, Spain and Portugal, has sent a letter to the European Commission stressing the need for budgetary policy to take into account low nominal growth, the uncertainties in estimating structural deficits, the effects of the crisis on the labour... read all new