Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-02-15-Speech-3-417-000"
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"en.20120215.21.3-417-000"2
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"Mr President, Italy entered the global financial crisis in a vulnerable position due to its high public debt and low economic growth. But from its first day in office, the government of Prime Minister Monti has shown its determination to address these two challenges and has already adopted several important measures.
On the one hand, in December, it passed a new austerity package which is helping to shore up Italy’s public finances. It should allow Italy to achieve a very sizeable primary surplus by 2013 and put the government debt on a downward path.
On the other hand, between last summer and recent weeks, a broad range of structural measures has been adopted on taxation, pensions, competition, the business environment and the efficiency of the public administration. The most recent measures on opening up closed sectors and administrative simplification can contribute to improving competitiveness and a business environment, removing long-standing bottlenecks to growth and ultimately increasing the adjustment capacity of the economy.
In conclusion, the Commission welcomes the decisive action being taken by the Italian Government and stands ready to assist and support that action as the government sees fit. A concrete example is the Commission’s support in fighting youth unemployment by setting up a dedicated action team for Italy and reprogramming Structural Funds until 2013.
Mr Prime Minister, as you have seen, you have strong support in the European Parliament, and I am sure that you know you have a lot of friends – I would even say fans – in the Commission. I would therefore like to tell you on behalf of the Commission that we wish Italy, your government and you personally all the best in your efforts."@en1
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