HomeLive CommentsItaly to tweak budget, balance growth and public accounts

Italy to tweak budget, balance growth and public accounts

Italian Economy Minister Giovanni Tria said today that the coalition government is seeking to adjust its 2019 budget plan. They’d still have to support economic growth, but at the same time need to avoid disciplinary actions by European Commission. Tria said “we are attentively seeing if there is financial space to improve the balance between the need to support growth and the need to solidify the sustainability of the public accounts.”

Separately, Deputy Prime Minister Luigi Di Maio, leader of Five-Star Movement, said “we must talk with the EU to find a solution, but we cannot betray the promises we made, otherwise we will become like all the other (governments).”

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