Commission: thumbs down expected

Italy's budget: Rome said it has no intention of changing expansive package
Commission: thumbs down expected
23 October 11:49 2018 Print This Article

 

 

The college of European Commissioners is set to decide on Italy’s budget.

The Commission is expected to give the thumbs down to the package.

The 5-Star Movement-League government said it had no intention of changing the plan in its response to the Commission’s letter of reproach over it. The Commission has said that Rome’s plan to run a deficit of 2.4% of GDP next year is a major deviation from the agreed targets that could mean it breaks the Stability and Growth Pact.

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