Commission optimistic on Italy, hails ‘golden rule’ adoption

EurActiv reported that despite deteriorating economic growth and fiscal forecasts, the European Commission maintained its 'primary view' in April 2012 that Italy was on track to run a sizeable primary budget surplus in 2013 and congratulated Rome for enshrining a 'golden rule' in the constitution to balance the country's budget.

• Primary Source

European Commission: DG Economic and Monetary Affairs: EU economic situation: Economies of the Member States: Italy http://ec.europa.eu/economy_finance/eu/countries/italy_en.htm

ESO: Background information: Italy unlikely to balance budget by 2013 http://www.europeansources.info/record/italy-unlikely-to-balance-budget-by-2013/

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