Economy Minister Giancarlo Giorgetti
said Friday that he was skeptical about the chances of Mario
Draghi's call for an expansion of the EU's common debt to reach
its goals, made in his new report on boosting the bloc's
competitiveness, ever coming to fruition.
"Every time I propose an extension on the deadline on the use of
the post-pandemic Recovery Fund at Ecofin, the artillery of the
German, Swedish and Finnish ministers starts," Giorgetti told a
festival in Parma organized by the Open online newspaper run by
young journalists.
"In these conditions, I'd be quite skeptical about the common
European debt".
The also said that the cut in the labour-tax wedge for lower
earners that the government made in its 2023 budget law and
confirmed in the 2024 budget would become permanent.
The government says that the six-percentage-point reduction in
the labour-tax wedge for those earning up to 35,000 euros and
the seven-percentage-point reduction for those earning up to
25,000 euros is worth an average increase of around 100 euros a
month in the pay packets of 14 million workers.
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