"Non si ricordano i giorni, si ricordano gli attimi." - Cesare Pavese
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"Turning to the countries under the preventive arm, for Italy the Commission’s winter forecast points to a gap of 0.8 percentage point of GDP in 2016 vis-à-vis the required adjustment path towards the MTO.
This gap is larger than projected in autumn 2015, reflecting additional spending in the 2016 Stability Law that increased the deficit target by 0.2 percentage point to 2.4% of GDP.
On the basis of currently available information, there would be a risk of significant deviation from requirements under the preventive arm in 2016 even if Italy were to be granted additional flexibility in the spring. Italy is also projected to be non-compliant with the debt rule in 2015 and 2016.
Against this background, the Eurogroup repeated its call to implement the necessary measures to ensure that the 2016 budget will be compliant with the rules of the SGP.
On 9 March the Commission notified the Italian authorities of its concerns and indicated that it will assess in the spring whether there is a need to open a debt-based EDP." (excessive deficit procedure (EDP)).
Traducete anche voi. Le ulteriori spese approvate con la legge di Stabilita' 2016 hanno aumentato il debito pubblico. Quella fatta da Renzi, chiaro ?