European Economic Affairs
Commissioner Pierre Moscovici said Friday that talks were
underway about whether Italy will be able to benefit from
flexibility in the application of EU budget rules again in 2018.
"We are not at the decision stage, we are discussing," Moscovici
said as he arrived at the G7 Finance Meeting in Bari. "We know
that there are rules and Italy must make an effort. Up to now,
all the flexibility (possible) has been guaranteed. Now we are
considering the circumstances. We are not rigid... The dialogue
between the Commission, Italy and (Economy Minister Pier Carlo)
Padoan is good".
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