HomeLive CommentsItalian Conte and Tria working with EU to avoid excessive deficit procedure

Italian Conte and Tria working with EU to avoid excessive deficit procedure

Italian newspaper Il Messaggero reported that Prime Minister Giuseppe Conte and Economy Minister Giovanni Tria are working on a proposal to lower 2019 budget deficit target from 2.4% of GBP to 2.0%. The proposals could involve delaying the citizen’s income program by several months.

The Corriere also reported that Tria said “we can still avoid an infringement procedure”, and the coalition government is discussing the budget proposal with European Commission.

European Commission President Jean-Claude Juncker also said in a press conference that the “atmosphere is good” regarding the discussion with Italy. And, he added “we are making progress”.

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