The Finance Ministry has proposed more cutbacks, but regional governments are responsible for making them and say that they do not want to make them.
The main reason is that they do not want to do anything unpopular heading into an election year. Finance volleyed by creating a list of how and when the regions need to enact cutbacks.
But how can regions make cutbacks if they can't even meet their deficit goals? Montoro can't rely on spending cuts to fix the deficit and heal the economy, especially when he knows that the regions have inflated their revenue estimates, which could hinder a real recovery even more.
