Since the beginning of the crisis, which occurred in 2008, the European Union has taken a series of measures to stem the financial crisis. One of these has been the Fiscal Compact. The Fiscal Compact is an International Treaty signed by 25 countries of the European Union. Ever since it was signed, the problem, that has had to be faced, has been of how effectively Italy has to raise financial resources (especially in the election campaign), and/or how much the Italian economy is supposed to grow to fully comply with the rules of the Fiscal Compact.
The aim of this paper, after exposing the motivations for which the Fiscal Compact was signed, is to explain in detail which rules are contained in it, and what it entails for the Italian public finance.
Finally, it compares the data of DEF with that of the European Commission, highlighting the problems and differences that may arise