In their reply (READ THE LETTER HERE), Dombrovskis and Gentiloni, also point out that the European Commission “Praise him government efforts and the Italian people, who are contributing considerably to contain the spread Covid-19 in the European Union “. Once the stability program has been presented, Brussels “will evaluate the 2020 stability program of Italy based on the spring 2020 forecasts that will be published on May 7 “.
Gentiloni and Dombrovskis therefore take note of the intention of the Italian government “of review your tax goals in 2020 in order to issue a package of support measures worth 6.3 billion euros, leading to a revision of the deficit / GDP target from 2.2% to 2.5% of GDP “. In addition, “we note that the government predicts that the 2020 headline deficit target could still change, by the time the 2020 stability program was presented in Italy, in particular with regard tomacroeconomic impact estimated of the Covid-19 epidemic “.
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