Economy Minister Pier Carlo
Padoan said he was confident the European Commission would give
a positive verdict of the government's 2015 budget bill later on
Friday.
The EC is expected to approve the budget plan, even though
it delays action towards balancing the budget in structural
terms, because Italy is battered by recession and the government
has promised to press on with an ambitious reform agenda.
"The EU will say that there are exceptionally negative
circumstances in terms of the country's deep recession, but also
positive ones in terms of the agenda of structural reforms,"
Padoan said.
"This means that a country with a high debt level has the
chance to kick start a virtuous mechanism".
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