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EU budget norms mustn't be obtuse - Mattarella-Steinmeier

Fiscal discipline must aim for growth -Italy pres to German pres

20 September, 17:04

(ANSA-AFP) - ROME, SEP 20 - EU budget rules must not be obtuse, President Sergio Mattarella told visiting German President Walter Steinmeier in Sicily Wednesday. "We must agree on the proposal for shared rules on the EU budget. Yes to strict budgetary rules, but austerity should not be obtuse and blind, but aimed at growth, taking into account phenomena such as the slowdown of the Chinese economy and the consequences of the war in Ukraine," said the Italian head of State. "The European budget must be ambitious to tackle fundamental challenges such as the ecological and digital transition." (ANSA-AFP).
   

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