The European Commission said
Wednesday that Italy was one of five EU countries, along with
Belgium, Austria, Portugal, and Slovenia, whose 2018 budget
plans risk a "significant deviation" from the adjustment paths
towards their medium term targets.
It added that "in the case of Italy, the persisting high
government debt is a reason of concern".
The EC explained that Vice-President (Valdis) Dombrovskis and
Commissioner (Pierre) Moscovici had written a letter to Rome
saying that the Commission intends to reassess Italy's
compliance with the debt reduction benchmark in spring 2018 on
the basis of validated data for 2017 and in the light of the
final budget to be adopted by the Italian Parliament in December
2017.
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