European Economic and
Financial Affairs Commissioner Pierre Moscovici said Wednesday
"I met (Economy Minister Pier Carlo) Padoan on Monday and I
believe Italy can respect the (budget) rules". He told a press
conference "the Italian government has pledged (to make) a 0.2%
adjustment to comply with the (Stability) Pact, this will be a
key element in our overall assessment". Padoan is putting
together a 3.4-billion-euro package to be presented by the end
of April to avert a budget infringement procedure.
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