The European Commission in October rejected the big-spending budget submitted for approval by the Italian coalition government Brussels (AFP)
Italy has made an offer to the European Commission to lower its deficit to 2.04 percent of GDP in 2019, Prime Minister Guiseppe Conte said on Wednesday, in a bid to avoid financial penalties from Brussels.
After meeting with European Commission President Jean-Claude Juncker, Conte said that additional resources had given Italy more financial wriggle room."Technical work allowed us to obtain a margin of negotiation because we have recovered some financial resources," said Conte.The European Commission in October rejected the big-spending budget […]
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