The college of European
Commissioners is set to decide on Italy's budget plan at a
meeting on Tuesday.
The Commission is expected to give the thumbs down to the
package.
On Monday the 5-Star Movement-League government said it had
no intention of changing the plan in its response to the
Commission's letter of reproach over it.
The Commission has said that Rome's plan to run a deficit of
2.4% of GDP next year is a major deviation from the agreed
targets that could mean it breaks the Stability and Growth Pact.
In the reply, Economy Minister Giovanni Tria said that
Italy's 2019 budget plan "does not expose the financial
stability of Italy, nor that of the other countries of the
European Union, to risk.
"In fact, we think that the reinforcement of the Italian
economy is in the interest of the whole European economy".
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