CEPS chief Daniel Gros critic over Italy. Time is over, now let public debt be reduced
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| Daniel Gros |
by Emanuele Bonini
«It's
almost fifteen years that Italy calls for a temporary relaxation of
European deficit and debt reduction targets, but it seems this has not
produced any results. And Matteo Renzi's 80 Euros bonus produced a
null impact as well». Daniel Gros didn't spend very fair words for Italy.
Talking to us the director of the Centre for European Policy Studies (CEPS) warned
time is over for the country, whit a a lack of credibility and confidence at international level.
Europe and European partners are fed up. Promises are not acceptable any more, Gros basically
said. For Renzi and company is time to invert trends and boost
Italian economy. «I don't think that a country can sustain and
maintain growth with deficit and public debt levels even higher than
usual», said the CEPS chief. «For a country as Italy it would be dangerous,
too».
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