The Italian Prime Minister, Conte, is speaking and has said that, until we can change them, EU rules will stay in force.
Additional comments:
- Next budget will be complex; vat hike will be avoided.
- Italian Govt has not stalled.
- Wants to strengthen investments, modernize infrastructure.
- Cannot work if government forces continue to attack each other on social media.
- Cannot be certain how long this government will last.
- Leaders have to decide whether they want to pursue a government contract.
The comments follow last week receipt of a letter written by The European Commission asking Italy to explain why its public debt rose in 2018 instead of falling as required, a move that set the stage for a possible legal clash with the ruling eurosceptic coalition in Rome. However, according to the economy minister, the Italian government is confident it can reach a compromise with Brussels and avoid sanctions over its deteriorating public finances.
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