Borghi: EU used made-up numbers in judging Italy's budget

Author: Justin Low | Category: News

Comments by Italy's head of the budget committee, Claudio Borghi

  • Questions if EU will have the 'courage' to sanction Italy
ForexLive
As mentioned yesterday, we're headed for a collision course next Tuesday as Italy is almost certainly not going to revise their budget proposal by deadline day. They will then enter into discussions but I don't see how a resolution can be achieved unless Italy's government forgoes its election campaign promises or the European Commission chickens out and let Italy walk over it - setting a really bad example to the rest of the bloc.

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