In the budget dispute, has reached Italy, with the EU Commission, according to information from the Ministry of Finance an agreement. The planned deficit in Italy’s draft budget for 2019 is to be reduced according to the newspaper “La Repubblica”, to 2.04 percent.
But no penalty billion: Italy has agreed with the European Union in the budget dispute, apparently. According to Italian media reports, the Italian Finance Minister, Giovanni Tria, confirmed the agreement on its speaker. The planned deficit in the draft budget for Italy for 2019 should be reduced by the newspaper “La Repubblica”, to 2.04 percent. Earlier it was assumed to be 2.4 percent.
The Commission confirmed the agreement, however. The commissioners would discuss on Wednesday, said a spokeswoman for the Brussels authority.
The Italian economic and Finance Minister Giovanni Tria confirmed according to “La repubblica” of the agreement.
the excessive deficit procedure have been averted?
The EU Commission had rejected the draft budget of the government in Rome in October, because they saw in it a clear violation of the EU rules. Therefore, they initiated the first steps for an excessive deficit procedure. Last week, Italy adopted a new Plan with a lower deficit. Then there were intense negotiations between the two sides.
Italy is making in the budget dispute, the concessions, 12.12.2018 Italy negotiating with EU on lowering the budget deficit, 03.12.2018 budget dispute with the EU: Italy moves 04.12.2018 Atlas |Italy |Rome