The European Affairs Minister Pierre Moscovici recently crossed the wires saying that he had a very constructive conversation with Italy’s economy minister Tria.
Key quotes (via Reuters)
- Italy’s hike of deficit to 2.4 pct of GDP in 2019 is a cause of concern for commission and several EU member states.
- Commission is not against Italy.
- Commission won’t interfere in Italy’s choices.
- Debt reduction must be priority for Italy.
- Italy’s problem is more the structural deficit than the headline deficit.
- Aware the image of the EU is not as strong in Italy as it once was.
- EU leaders will take final decision on Italy’s budget, we have time.
- EU commission has taken no decision on Italy.
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