European Economic Affairs
Commissioner Pierre Moscovici said Monday that it would be
"absolutely wrong to talk of ultimatums" given to Italy over its
public finances.
Presenting the Commission's winter economic forecasts,
Moscovici "welcomed" Italy's commitment to adjust its structural
deficit as requested by the EU executive in a letter last month.
He added that the Commission was "discussing in a
constructive, positive way" with Economy Minister Pier Carlo
Padoan and that "while we encourage (Rome) to take measures as
soon as possible... there is no ultimatum".
He added that evaluation of Italy case was "taking place".
Moscovici echoed what was written in the forecasts.
"The Commission takes positive note of the government's
public commitment to adopt additional fiscal measures worth
overall 0.2% of GDP by April 2017," it said. "These will be
taken into account as soon as sufficient details are available
to assess the specific provisions to be enacted".
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