The European Commission will
reject Italy's budget bill, Budget Commissioner Guenther
Oettinger told Der Spiegel on line Wednesday.
The magazine said a letter from Economic Affairs Commissioner
Pierre Moscovici should arrive in Rome on Thursday or Friday.
Oettinger said "the hypothesis that the 2019 budget draft is
not reconcilable with the EU's existing obligations has been
confirmed."
Moscovici will not make a counter-proposal, Der Speigel said,
but will restrict himself to pointing out the violations of the
reference data.
Rome sent the budget draft to the EC on Tuesday night, at the
last minute, Der Spiegel said.
The EC is reacting unusually quickly, it said, since it had
two weeks to reply.
Italy will now have to present a new draft, the magazine
said.
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