Italy's Conte: Will present budget proposal to EU in the next few hours

Author: Justin Low | Category: News

Italian prime minister, Giuseppe Conte, comments to Avvenire

  • So as to avoid disciplinary procedures being taken against Italy
  • New proposal will likely envisage lower deficit than previously planned
  • Says EU will have to take into serious considerations on the new proposal
ForexLive
He's not giving away what the number will be but I reckon it won't go anywhere below 2.0%. That would be the maximum concession they'd be willing to make. If that proves to not be enough, I reckon Salvini and Di Maio will tear him up and start to take matters into their own hands as they surely won't be happy with European officials as well on the matter.


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