ROME, April 7 (Xinhua) — Italy must stick to its deficit-reduction commitments and there is no more room for flexibility, European Commission Vice President Valdis Dombrovskis said in a televised interview on the shores of Italy’s Lake Como on Saturday.
"For the Commission it is essential that Italy stick to its budget, deficit-reduction, and debt targets," Dombrovskis spoke on the sidelines of the Ambrosetti Forum, an annual meeting of world industrial elites, heads of state and institutional representatives organized by the Ambrosetti think tank.
"We expect Italy to make a structural budget adjustment equal to 0.3 percent of GDP," Dombrosvkis added.In […]
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