Over the past five years, the EU has made a lot of progress on a large number of Sustainable Development Goals (SDGs), such as poverty, health and well-being, but it has also taken steps backwards on others such as gender inequalities and no progress on action to combat climate change. This was stated by the EU Commissioner for Economic Affairs Paolo Gentiloni, presenting the five-year Eurostat report on the sustainable development goals. "Courageous initiatives have been taken on the climate, but the consequences of the actions are insufficient," said Gentiloni. "We have taken the decisions and undertaken the commitments but the consequences of climate change are still underway" and therefore "an even stronger commitment is needed, which is why the EU Green Deal is more important than ever", he added.While "the gap in employment is stagnant on the differences between men and women, we must pay close attention to this" aspect, he added. Progress on growth, poverty and health is good. "There is a great need to give digital priority to environmental sustainability, these aspects must be present in all Recovery plans, the awareness of governments is very strong, it is also very strong in Italy", says EU Commissioner, Paolo Gentiloni, in the margins of the presentation of the Eurostat report on progress in the objectives for sustainable growth. "Among the key indicators for coordinating the economic policies of European countries there will also be those on sustainable development,it is an important thing that we will appreciate in the coming years - he added - the Commission has indicated some priorities in terms of method and content, investments and reforms will be needed when they are necessary to make these investments. According to Gentiloni, the Commission "has been very active in terms of measures and initiatives" in terms of climate sustainability measures, but "the consequences of these actions are still insufficient", an even stronger commitment is needed, which is why the EU Green deal is more important than ever, "he concluded. The positive developments of recent years continue to be a challenge, but today we are in a better position to deal with this economic crisis. Per capita GDP, for example, has increased, while it is unemployment has fallen over the past five years.Agricultural production has become more sustainable. The progress achieved, however, represents only a starting point. "So today Paolo Gentiloni." We evaluate the proposals of the Member States when they are formulated in the budgets, or in the future in the recovery plan. We will therefore do the same with such a proposal when it is presented to us. "Thus the European Commissioner for Economic Affairs, Piano Gentiloni, in the press conference for the presentation of the Eurostat report on progress in the objectives for sustainable growth, answering a question on the possibilities of VAT reduction in Italy and whether this could be in line with European indications.Italy ranks third for sovereign debt securities held by resident financial entities In 2019 the share of public debt held by resident financial groups was highest in Denmark (74%) followed by Sweden (73%), Croatia (67%) and Italy (63 %). The highest share held by non-residents was in Cyprus (80%) followed by Lithuania (76%), Latvia (74%) and Estonia (70%). This is what emerges from a Eurostat report. In general terms, public debt is mainly held by the financial sector residing in more than half of the EU states.public debt is mainly held by the financial sector residing in over half of the EU states.public debt is mainly held by the financial sector residing in over half of the EU states.
Share
22 June 2020 Over the past five years, the EU has made a lot of progress on a large number of Sustainable Development Goals (SDGs), such as poverty, health and well-being, but it has also taken steps backwards on others such as gender inequalities and none. progress on action to combat climate change.
This was stated by the EU Commissioner for Economic Affairs Paolo Gentiloni, presenting
the five-year Eurostat report on the sustainable development goals
.
"Courageous initiatives have been taken on the climate, but the consequences of the actions are insufficient," said Gentiloni. "We have taken the decisions and undertaken the commitments but the consequences of climate change are still underway" and therefore "an even stronger commitment is needed, which is why the EU Green Deal is more important than ever", he added.
While "the gap in employment is stagnant on the differences between men and women, we must pay close attention to this" aspect, he added. Progress on growth, poverty and health is good.
"There is a great need to give digital priority to environmental sustainability, these aspects must be present in all Recovery plans, the awareness of governments is very strong, it is also very strong in Italy", says EU Commissioner, Paolo Gentiloni, in the margins of the presentation of the Eurostat report on progress in the objectives for sustainable growth. "Among the fundamental indicators for coordinating the economic policies of European countries there will also be those on sustainable development, it is an important thing that we will appreciate in the coming years - he added - the Commission has indicated some priorities in terms of method and content, investments and reforms will be needed when are necessary to make these investments. According to Gentiloni, the Commission "has been very active in terms of measures and initiatives"in terms of climate sustainability measures, but "the consequences of these actions are still insufficient", an even stronger commitment is needed, which is why the EU Green Deal is more important than ever ", he concluded.
The positive developments of recent years continue to be a challenge, but today we are in a better position to deal with this economic crisis. Per capita GDP, for example, has risen, while unemployment has fallen over the past five years. Agricultural production has become more sustainable. The progress achieved, however, is only a starting point. "So today Paolo
Gentiloni.
"We evaluate the proposals of the Member States when they are formulated in the budgets, or in the future in the recovery plan. We will, therefore, do the same with such a proposal when it is presented to us." Thus the European Commissioner for Economic Affairs, Piano Gentiloni, in the press conference for the presentation of the Eurostat report on progress in the objectives for sustainable growth, answering a question about the possibilities of reducing VAT in Italy and whether this could be in line with European indication.
Italy ranks third for sovereign debt securities held by resident financial entities
In 2019, the share of public debt held by resident financial groups was highest in Denmark (74%) followed by Sweden (73%), Croatia (67%) and Italy (63%). The highest share held by non-residents was in Cyprus (80%) followed by Lithuania (76%), Latvia (74%) and Estonia (70%). This is what emerges from a Eurostat report. In general terms, public debt is mainly held by the financial sector residing in more than half of the EU states.
