Those two challenges have nothing to do with the euro, or even Europe. We will see what the Italian Government puts forward as a solution. But they are aware of these challenges: the new Minister of Finance, Mr Tria, spoke about this the day before yesterday.
But how will you respond if their deficit exceeds 5% of GDP, or even reaches 7%, as some forecasts suggest? Will you intervene? It’s not necessarily up to you, but it’s instability that... It’s up to the Commission and the governments to ensure compliance with the budgetary rules.