Italy's coalition to work to avert EU disciplinary action over budget: PM's office
Tuesday, 11 June 2019 () Italy's coalition leaders have agreed to work together to avert European Union disciplinary action over Rome's worsening public finances after a late-night meeting with Prime Minister Giuseppe Conte on Monday, the PM's office said.
Italy aims to convince the EU to delay until the autumn a decision on whether to open a disciplinary procedure over its finances, which are expected to look healthier after tax revenue data in July, four coalition sources said on Wednesday. Francis Maguire reports.
The European Commission concluded on Wednesday that Italy is in breach of EU fiscal rules because of its growing debt, a situation that justifies the launch of a disciplinary procedure. Pascale Davies..
Credit: Reuters - Business (Amazon FireT Duration: 01:59Published