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Detailed text transcripts for TV channel - DW - 20181114:07:24:00

A solution and so. on for a showdown with italy so what s next what does this show include. well the commission can as early as next week launch a so-called excessive deficit procedure and advise italy formally to come up with new proposals and to get down to two to straighten out the numbers the estimate for growth for example of that level but this procedure can easily take six months or more and the plan here bus is to take it. until after the european elections in may two thousand and nineteen and the commission also needs to support from other member states but it will be a very messy procedure given that the populace right wing government really will not cooperate so far well it ll be interesting to see how the markets react in the ....

Deficit Procedure , Member States , Two Thousand And Nineteen ,

Detailed text transcripts for TV channel - DW - 20181023:20:20:00

They breached the rules the decision means that under the excess deficit procedure will be given another three weeks to reconsider and revise its spending plans at over two trillion euros italy s national debt is the highest in the e.u. . now that s one hundred thirty percent of gross domestic product and there are fears any increase could unleash another euro crisis for its part italy says it s willing to talk but it needs the economy is the economy needs a boost so it s sticking to its plans to triple public spending next year rome insists its budget means debt will begin falling by two thousand and twenty one for . italy s leaders maybe somewhat surprised that the u.s. hardline but now prime minister and his two deputies have three weeks to reconsider their budget plans for next year it s a decisive moment for one of europe s largest economies and the populist government s next moves could resonate globally italy has also become ....

Deficit Procedure , Spending Plans , Euro Crisis , Gross Domestic Product , One Hundred Thirty , Prime Minister , Twenty One , Two Thousand And Twenty One , Budget Plans ,

Detailed text transcripts for TV channel - DW - 20181023:01:09:00

Of tricks to try and make it work but the stability pact has always been short of teeth that it doesn t bite the ultimate sanction has always been to find the country is running excessive deficits but no fine is ever been imposed and indeed we have all the crazy things to do to find a country that is in budget troubles so they try to rely on lots of surveillance and so-called successive deficit procedure makes it sound all sinister but if the stability pact works at all it s probably by causing reputational damage to a country that looks if it is running in a budget that s too great well what about market pressure in this case we know that moody s has downgraded italy s credit rating what does that mean exactly and what kind of pressure does that put on italy s government well it does in the sense that it s been raising the yields on its own in the telling government budget that telling governments bones that out about three and a whole percent of something which is i think it s ....

Stability Pact , Budget Troubles , Deficit Procedure , Credit Rating , Market Pressure , Moody S , Government Budget , Per Cent ,