This content is not available in your region

Italy has 'one thousand' ways to improve budget - government official

Access to the comments Comments
Text size Aa Aa

MILAN (Reuters) – Key points of Italy’s 2019 budget will not change, but there are “one thousand” ways to improve it if necessary, a senior government official said on Monday.

The government might decide to increase revenues in order to lower its debt, Cabinet Undersecretary for Regional affairs Stefano Buffagni said in an interview with daily newspaper La Repubblica, citing possible sales of properties or shares in companies.

Buffagni added that the government is working to lower the gap between the yields of Italian and German government bonds and that it “absolutely” wants to mediate with European Commission, though Brussels must not use Italy “to campaign”.

The European Commission is expected to start disciplinary steps against Rome next Wednesday, a procedure which could eventually end in unprecedented fines for Italy.

(Reporting by Giulio Piovaccari; Editing by Kim Coghill)

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