(see related story)
(ANSA) - Rome, March 13 - Government sources said Thursday
that the publication of a European Central Bank bulletin
criticising Italy over its lack of progress on reducing its
budget deficit was not a response to economic measures announced
by Premier Matteo Renzi on Wednesday.
Renzi presented plans to cut income taxes by 10 billion
euros, invest 1.74 billion euros in social housing programs,
spend 3.5 billion euros on schools and repay 68 billion euros in
outstanding bills for government services by July.
"The publication was planned and therefore not a response
to yesterday's announcements," the sources said.
"There will certainly be a chance to discuss (the
situation) with the ECB and explain the medium-term strategies
that Italy intends to pursue".