cover lavoceinfoThe new impetus to public investments is a possible strategy to exit the crisis. This is one of reasons why the Stability Pact has been replaced by a balanced budget rule for local authorities. A step forward, but the balance is still pending because of public finance constraints.

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Author: Claudia Ferretti, Patrizia Lattarulo and Andrea Taddei

Publication details: Lavoce.info 27 January 2017