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Agreement with Italy - A strengthening of the Euro-Zone

What is spent now on the table, while not ideal, the EU monetary Affairs Commissioner Moscovici. Nevertheless, facilitation prevails in Brussels, because of the budget dispute with the Italian government is settled - for the time being.

EU monetary Affairs Commissioner Pierre Moscovici looks downright relieved. The Showdown is off, the trial of strength with the Italian government to an end - at least for the Moment.

Italy has come a long way, says Vice-President of the Commission Valdis Dombrovskis, and a reminder of how fiercely the coalition from the Right and the populists, the EU Commission has insulted. "It was just a few weeks ago, very confrontational, at the time, it was said that the budget will be changed to a single Euro. Now it's become more than ten billion, because it has done so noticeably."

especially in terms of new debt coming to Italy by the EU Commission. Instead of the 2.4 percent of economic output, it should be now only of 2.04 percent. In addition, the Italian government revised its growth forecasts downwards, in a transparent and credible values, such as the Brussels authority.

The reduction in the retirement age and the introduction of the Bürgergelds for the social Weak to be moved a couple of months, which reduces the burden on the budget, however, only temporarily.

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