BN 10/06 05:56 *CONTE'S OFFICE SAYS ITALY WANTS CONSTRUCTIVE DIALOGUE WITH EU
BN 10/06 05:55 *CONTE'S OFFICE: EU HASN'T REJECTED ITALY BUDGET PLAN
BN 10/06 05:55 *CONTE'S OFFICE: EU HASN'T REJECTED ITALY BUDGET PLAN
Italy Says European Union Hasn’t Rejected Budget Plan
2018-10-06 06:47:05.38 GMT
By John Follain
(Bloomberg) -- The Italian government has denied that the
European Commission had rejected its budget outline, according
to an official in Prime Minister Giuseppe Conte’s office.
The official was referring to the European Commission’s
letter sent to Italian Finance Minister Giovanni Tria. The
wording in the letter had pointed to an outright rejection by
the EU of Italy’s plans to loosen its fiscal policy next year,
as the populist coalition seeks to make good on its campaign
promises.
Italy’s draft budget will be sent to Brussels by October 15
and will be the basis of the EU commission’s assessment, the
official said late on Friday. Italy has the “strong will to
start a constructive dialogue” with Brussels, the official
added.
To contact the reporter on this story:
John Follain in Rome at jfollain2@bloomberg.net
To contact the editor responsible for this story:
Niluksi Koswanage at nkoswanage@bloomberg.net
2018-10-06 06:47:05.38 GMT
By John Follain
(Bloomberg) -- The Italian government has denied that the
European Commission had rejected its budget outline, according
to an official in Prime Minister Giuseppe Conte’s office.
The official was referring to the European Commission’s
letter sent to Italian Finance Minister Giovanni Tria. The
wording in the letter had pointed to an outright rejection by
the EU of Italy’s plans to loosen its fiscal policy next year,
as the populist coalition seeks to make good on its campaign
promises.
Italy’s draft budget will be sent to Brussels by October 15
and will be the basis of the EU commission’s assessment, the
official said late on Friday. Italy has the “strong will to
start a constructive dialogue” with Brussels, the official
added.
To contact the reporter on this story:
John Follain in Rome at jfollain2@bloomberg.net
To contact the editor responsible for this story:
Niluksi Koswanage at nkoswanage@bloomberg.net