According to the Italian daily newspaper, Corriere della Sera, the European Commission has asked Italy for a further EUR 2.5 billion – EUR 3 billion ($3.40 billion) in savings before approving the country’s 2019 budget, Reuters reports.
Corriere further reported that Italy’s Finance Minister Tria had told EU Commission Vice-President Dombrovskis in a phone call that Deputy Prime Ministers Matteo Salvini and Luigi Di Maio opposed further cuts because they did not want next year’s deficit target to fall below the revised level of 2.04%.
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