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Ministry of Economy and FinanceTREMONTI AND VEGAS: REFORM OF THE STATE BUDGET

Press Release N° 193 of 12/16/2009

Parliament gave today its final approval to the state budget reform with the introduction of the stability law that replaces the Financial Act.

A long-awaited reform has finally been passed.

Minister Giulio Tremonti and vice minister Giuseppe Vegas thanked Parliament that has proved, through the exercise of its legislative prerogatives, the importance of a shared regulatory framework.

The approval of the measure had become an essential condition to allowing the country to proceed along the path of solid public finances, in line with the European Union.

Rome 12/16/2009

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