Tria seen need to act within rules - EC

Hoping in budget response says commissioner

(ANSA) - Brussels, November 5 - Economy Minister Giovanni Tria has "understood" the need to act within the EU rules on Italy's 2019 budget bill, Economic Affairs Commissioner Pierre Moscovici said Monday.
    Moscovici said "he is my interlocutor, I have no other type of information".
    Moscovici said he did not want to "jump to conclusions" on the Italian budget bill and he was "hoping and believing that we will get an answer" from Italy by a November 13 deadline on revising a contested package.
    Moscovici said the budget was "not good for the Italian people".
    He said this was because it increases debt whose refinancing already costs 65 billion euros a year, and "in the end it's always the poor that pay".
   

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