FINANCIAL AFFAIRS - Italy: Q&A
Yes, good afternoon, Tommaso Gallavotti in pronounce, Italy.
Just a question, on Italy because I have read that,
Commissioner Dombrovskis said that to the newspaper La Stampa
That it is theoretically possible that Italy might exit the excessive deficit procedure this autumn.
If the numbers add up, I mean, if the deficit goes below 3%,
is it technically possible and may you explain exactly why? Many thanks.
OK, I want to take it, step by step, so what we have now is the,
the figure for 2025, for Italy which was submitted to, to Eurostat.
I think this figure is, public, and it is, on this basis.
Is that the Commission is going to assess the the Italian EDP situation in the context of the spring package which will be presented to you on the 3rd of June,
so I would leave any further conclusion to be drawn at that point in time. Other questions, Tommaso, you have a follow-up.
Apologies, but is that which is the things that Commissioner Dombrovskis said. Are, are they correct?
Because he said that it is theoretically possible and if the numbers add up, also in autumn you could reconsider your position. Is it correct or not?
I, I assume that the commissioner knows what he's talking about. He surely knows better than I do.
Listen, so I think what is important here is the data which is submitted by the Italian authorities.
That's what we are looking at in our analysis.
Now, should there be a change in the data, for example, if it's revised, then that would, that could lead the Commission to different conclusions, and then, we have the spring package, on the 3rd of June,
we also have the autumn, package, later in the year which gives us another opportunity to,
to reassess the situation, so, I think, this is what I can say at the moment.
I see no other hands raised for Balazs. Is it for Balazs? No, OK then, thank you, Balazs. Let's change topic.
I have Mira waiting for a while online.