EU’s Oettinger hopes Italy presents new budget plan today

News

Comments by European budget commissioner Gunther Oettinger

  • New Italy plan must comply with European Union rules
  • Cannot accept a draft budget from Italy that would violate all stability criteria
  • Says Italy’s budget plans as a whole are dangerous for Italy and Eurozone

ForexLive

This is starting to get a little messy. There were talks yesterday about dialogue and Italian prime minister Conte said they will submit a new plan “within the next few hours”. A day later, and it looks like both sides are yet to communicate anything substantial.

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