The Italian PM out on the wires again in defiant mood

  • if EU reject then Italy will just re-present as it is

"If Brussels gives the budget a failing grade you re-submit it as is and the score is 1-1 and nothing changes

But I do not expect this to happen because we are among the very few countries that are within the rules"

The stand-off continues as Italy seems to pay little heed to the EU's concerns that the Budget will breach austerity rules set by Brussels

Yesterday Ryan had this on the situation

Renzi sending a clear message to the EU