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Italy to confirm to EU main pillars of budget - economy minister

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Italy to confirm to EU main pillars of budget - economy minister

Italy to confirm to EU main pillars of budget - economy minister
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Francois Lenoir(Reuters)
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ROME (Reuters) - Italy will stand by the main pillars of its fiscal plan despite the EU Commissions' request to revise it, Economy Minister Giovanni Tria said on Friday.

"In these days the government is busy drafting the answer to the European Commission with regards to the most contentious points of the budget. A budget whose main pillars the government will confirm," Tria said speaking in a parliamentary hearing.

The EU executive gave Rome until Nov. 13 to present a new

budget.

Tria added the government was committed to respect a maximum deficit of 2.4 percent of gross domestic product in 2019.

(Reporting by Giuseppe Fonte, writing by Giulia Segreti, editing by Giselda Vagnoni)

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