- Italy Poised for Saturday SHOWDOWN with EU Over ‘Solid’ Budget
by TOM NELLIST, https://www.express.co.uk/
ITALIAN coalition leaders have presented a united front as they prepare for a weekend showdown with the European Union over the country’s contested draft budget.
The European Union has demanded Italy revise its budget debt forecasts to a smaller percentage of GDP growth in line with the bloc’s rules and threatened Italy with billions of euros worth of fines if they fail to fall into line.
However Prime Minister Giuseppe Conte has called the budget “solid” and vowed not to move on his plan of reforms when he meets EU officials in Brussels on Saturday. Backing the budget, all three Italian deputy prime ministers also stood firm against the EU threats saying Italy’s way is their responsibility, not the EU’s concern.