Budget talks with EU not an 'exchange of concessions', Italy PM tells paper

Budget talks with EU not an 'exchange of concessions', Italy PM tells paper
FILE PHOTO: Italian Prime Minister Giuseppe Conte speaks during a joint news conference with Russian President Vladimir Putin following their talks at the Kremlin in Moscow, Russia October 24, 2018. Sergei Chirikov/Pool via REUTERS/File Photo Copyright POOL New(Reuters)
Copyright POOL New(Reuters)
By Reuters
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MILAN (Reuters) - Dialogue between Italy and the European Commission over the country's budget plans will not be an "exchange of concessions", Prime Minister Giuseppe Conte told Corriere della Sera in an interview published on Thursday.

Conte defended the government's 2019 deficit target of 2.4 percent of GDP, despite a rejection by the European Commission, which says the deficit is too high and has called on Rome to re-write its fiscal plans.

He also said it was "unreasonable and profoundly unfair" to blame the current government for weak Italian economic data published this week, adding that the impact of the new government's reforms would only be visible from 2019.

(Reporting by Agnieszka Flak; Editing by Clarence Fernandez)

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