{"id":357230,"date":"2024-04-29T11:11:09","date_gmt":"2024-04-29T09:11:09","guid":{"rendered":"https:\/\/www.eunews.it\/2024\/04\/29\/nuovo-patto-di-stabilita-in-vigore-italia\/"},"modified":"2024-05-06T15:29:20","modified_gmt":"2024-05-06T13:29:20","slug":"new-stability-pact-goes-into-effect-yes-also-from-the-council-italys-green-light","status":"publish","type":"post","link":"https:\/\/staging.eunews.it\/en\/2024\/04\/29\/new-stability-pact-goes-into-effect-yes-also-from-the-council-italys-green-light\/","title":{"rendered":"New stability pact goes into effect. ‘Yes’ also from the Council. Italy’s green light"},"content":{"rendered":"

Brussels –The reform of the Stability Pact<\/strong> is a done deal. After the European Parliament’s vote, the EU Council also approved<\/strong> the inter-institutional agreement <\/a>on the new common budget rules, giving the green light it needed to make it effective on a permanent basis. The EU approved the reform within four months.\u00a0 Economy and Finance Ministers reached the agreement on December 20<\/a>, with Treasury head Giancarlo Giorgetti overall satisfied with what he negotiated.<\/p>\n

Italy obtains that expenditures\u00a0on reforms necessary for the twin\u00a0green and digital transition\u00a0not be considered as penalizing when assessing deficit and debt, and the effect of rising interest rates on the repayment of government bond yields is taken into account.<\/p>\n

On February 10, 2024, not even two months after the agreement, in the Council, the inter-institutional agreement between Parliament and the Council itself reached the inter-institutional agreement on the reform of the Stability Pact. Then, the House vote last week, and the final formal but necessary approval today (April 29).<\/p>\n

The vote held at the Agriculture Council meeting<\/a> is notable for the divergence between government and majority<\/strong>. The new Stability Pact does not convince the League, despite the work led by party member\u00a0Giorgetti. Even Forza Italia does not digest the reform commitments imposed by the revised rules. In the House vote, MEPs from the majority parties (FdI, League, and Fi) abstained, partly to avoid publicly challenging the minister.\u00a0In the Council, the government kept the point<\/strong> by confirming support for the new pact offered in December.<\/p>\n","protected":false},"excerpt":{"rendered":"

Agriculture ministers give formal green light to economic governance reform. Government also supports file, while parties abstained in Parliament<\/p>\n","protected":false},"author":494,"featured_media":255114,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"episode_type":"","audio_file":"","podmotor_file_id":"","podmotor_episode_id":"","cover_image":"","cover_image_id":"","duration":"","filesize":"","filesize_raw":"","date_recorded":"","explicit":"","block":"","jnews-multi-image_gallery":[],"jnews_single_post":{"source_name":"","source_url":"","via_name":"","via_url":"","override_template":"0","override":[{"template":"1","single_blog_custom":"","parallax":"1","fullscreen":"1","layout":"right-sidebar","sidebar":"default-sidebar","second_sidebar":"default-sidebar","sticky_sidebar":"1","share_position":"top","share_float_style":"share-monocrhome","show_share_counter":"0","show_view_counter":"0","show_featured":"1","show_post_meta":"1","show_post_author":"1","show_post_author_image":"1","show_post_date":"1","post_date_format":"default","post_date_format_custom":"Y\/m\/d","show_post_category":"1","show_post_reading_time":"0","post_reading_time_wpm":"300","show_zoom_button":"0","zoom_button_out_step":"2","zoom_button_in_step":"3","show_post_tag":"1","show_prev_next_post":"1","show_popup_post":"1","number_popup_post":"1","show_author_box":"0","show_post_related":"1","show_inline_post_related":"0"}],"override_image_size":"0","image_override":[{"single_post_thumbnail_size":"crop-500","single_post_gallery_size":"crop-500"}],"trending_post":"0","trending_post_position":"meta","trending_post_label":"Trending","sponsored_post":"0","sponsored_post_label":"Sponsored by","sponsored_post_name":"","sponsored_post_url":"","sponsored_post_logo_enable":"0","sponsored_post_logo":"","sponsored_post_desc":"","disable_ad":"0"},"jnews_primary_category":{"id":"","hide":""},"jnews_override_counter":{"override_view_counter":"0","view_counter_number":"0","override_share_counter":"0","share_counter_number":"0","override_like_counter":"0","like_counter_number":"0","override_dislike_counter":"0","dislike_counter_number":"0"},"footnotes":""},"categories":[25705],"tags":[25746,25741,25742,25830,25740,25884,26233],"class_list":["post-357230","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-debt-en","tag-deficit-en-2","tag-governo-meloni-en","tag-accounts-public-en","tag-pact-of-stability-en","tag-reform-pact-of-stability-en"],"acf":[],"_links":{"self":[{"href":"https:\/\/staging.eunews.it\/en\/wp-json\/wp\/v2\/posts\/357230","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/staging.eunews.it\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/staging.eunews.it\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/staging.eunews.it\/en\/wp-json\/wp\/v2\/users\/494"}],"replies":[{"embeddable":true,"href":"https:\/\/staging.eunews.it\/en\/wp-json\/wp\/v2\/comments?post=357230"}],"version-history":[{"count":5,"href":"https:\/\/staging.eunews.it\/en\/wp-json\/wp\/v2\/posts\/357230\/revisions"}],"predecessor-version":[{"id":357428,"href":"https:\/\/staging.eunews.it\/en\/wp-json\/wp\/v2\/posts\/357230\/revisions\/357428"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/staging.eunews.it\/en\/wp-json\/wp\/v2\/media\/255114"}],"wp:attachment":[{"href":"https:\/\/staging.eunews.it\/en\/wp-json\/wp\/v2\/media?parent=357230"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/staging.eunews.it\/en\/wp-json\/wp\/v2\/categories?post=357230"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/staging.eunews.it\/en\/wp-json\/wp\/v2\/tags?post=357230"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}