Comments from Conte and Tria

  • Tria: We want to increase economic growth

  • Tria: Expects constructive dialogue with EU

  • Tria: Budget aims to increase growth in order to decrease debt-to-GDP

  • Tria: Hopes can narrow differences with EU on budget

  • Conte: Italy's deviation from fiscal targets is not large

The EU letter says Italy's planned spending growth next year is 2.7%, while max allowed under rules is 0.1%. That sounds like a bit more than a narrow difference.