
The Minister of Economy explains the budget shift for defense and energy
The Minister of Economy Giancarlo Giorgetti defended in the Chamber the request for a budget shift due to the Nec clause, defining it as a conscious but sustainable step for the markets and public finances.
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The Minister of Economy spoke in the Chamber on the request for a budget shift linked to the Nec clause.
The request for a budget shift for the activation of the Nec safeguard clause for defense and energy "is a conscious step away from the line of prudence that I have called for". This was stated by the Minister of Economy, Giancarlo Giorgetti, in the Chamber. "They are something that the commission recognizes and that the markets have recognized as sustainable in a path of sustainability of Italian public debt finance."
"Planning especially for three years in situations of great turbulence is very complicated and the updates, as demonstrated by the IMF findings, are weekly, so the fundamental decision underlying" our reasoning is that "when the weather report announces a storm before heading out to the open sea it is better to make sure of the conditions of the vessel and that is what we have tried to do" in recent years. "We believe we must confirm this route - he added - at a time like this when clouds are announcing themselves on the horizon and this document responds to this imprint and aims to respect the path of consolidation of finance and aims to respect the targets set by the new European governance and if conditions allow it, exit from the procedure will be possible in the spring", he added.
AI outlook — possibilities, not facts
Exit from the procedure in spring if conditions allow
Possible · Within months

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