BREAKING NEWS

BREAKING NEWS

Italian PM denies rift between governing parties over budget

Now Reading :

Italian PM denies rift between governing parties over budget

Italian PM denies rift between governing parties over budget
@ Copyright :
PIROSCHKA VAN DE WOUW(Reuters)
Text size Aa Aa

BRUSSELS (Reuters) - Italian Prime Minister Giuseppe Conte on Thursday denied any division between the two parties in his governing coalition, the League and the 5-Star Movement, amid reports of a spat over tax revenues in next year's budget.

Italy's Deputy Prime Minister Luigi Di Maio, leader of the 5-Star, said on Wednesday a legislative text on a partial tax amnesty had been manipulated before its final approval. He did not clarify who could have amended the document.

gi

The tax amnesty is one of the revenue measures included in Italy's draft budget for next year.

Asked by reporters about a possible rift between the far-right League and anti-establishment 5-Star on the issue, Conte - who is not from any political party - replied: "There is no division".

In a bid to fulfil election spending pledges, Italy's eurosceptic government plans to boost welfare spending, cut the retirement age and hike the country's deficit, upsetting the European Commission.

"I'm aware this is not the budget the Commission expected. I expect critical observations. We will discuss and we will reply to these considerations," Conte told reporters on arriving for a summit of European Union leaders in Brussels.

He also described the Italian draft budget as "beautiful".

The EU Commission is currently reviewing Rome's budgetary plans and can formally raise concerns about it until next Monday.

If it does so, it can then decide to send the budget back to Rome for changes by Oct. 29, in what would be an unprecedented move.

(Reporting by Francesco Guarascio, writing by Philip Blenkinsop; Editing by Gareth Jones)

euronews provides breaking news articles from reuters as a service to its readers, but does not edit the articles it publishes. Articles appear on euronews.com for a limited time.