Home EU’s Dombrovskis: Have reached a deal on Italy’s budget; no excessive deficit procedure for Italy

EU’s Dombrovskis: Have reached a deal on Italy’s budget; no excessive deficit procedure for Italy

Published date: 19 Dec. 2018 | 12:27

The European Commission vice president, Valdis Dombrovskis, addressing the press conference on Italy budget talks, confirmed that the Commission has reached a deal with Italy on budget.

Key quotes:

“¢ The deal has been reached on 2019 budget with Italy.
“¢ Allows avoiding excessive deficit procedure.
“¢ However, says that solution on Italy budget is not ideal.
“¢ Disciplinary steps can be avoided provided Italy fully implements agreed measures.

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