Premier Giuseppe Conte on
Friday ruled out the possibility that the government will make
major changes to its budget plans.
The Commission has expressed concern that the government's
plan to let Italy's budget deficit rise to 2.4% of GDP next year
risk leading to a breach of the EU rules.
"The budget was studied, thought-out and drafted," Conte
told reporters during a visit to Ethiopia.
"We may consider some interventions (as the bill goes through
parliament) but it was constructed as a whole and I would
exclude amending anything significant".
Concerns about the League/5-Star Movement's budget plans,
which have also been raised by several national and
international institutions in addition to the Commission, have
led to tension on the financial markets recently.
The government has said this is caused by prejudice against
the executive and argues that criticism of the budget plan fails
to account for the way it will bolster growth and, in the
process, bring down the debt-to-GDP ratio.
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