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Europe Explained

Commissioner designate Gentiloni says he will try to strike balance between growth and sound budget management

epa06757537 Italian outgoing premier Paolo Gentiloni attends the annual assembly of the industrial employers' confederation in Rome, Italy, 23 May 2018. EPA-EFE/Riccardo Antimiani

Paolo Gentiloni, the European Commissioner-designate for Economic Affairs, has said that he will strike a balance between encouraging growth and sound budget management if his nomination is ratified.

“As a member of parliament during the crisis years, I understood the importance both of safeguarding the sustainability of the (public) accounts and of the capacity to give economic support in times of difficulty,” former Italian premier Gentiloni wrote in a response to the European Parliament.

ANSA quotes Gentiloni saying that “During my term, I commit myself to making work an agenda that supports growth and finds the right balance between sustainability over time and addresses the short-term problems with the appropriate flexibility (that exists) in the EU rules”.

Via ANSA 

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