Economics
Italy Pushes Back After EU Says Its Budget Plans Won't Fly
- Finance chief accuses Brussels of faulty deficit forecast
- Rome won’t change its target for 2019 after Parliament’s vote
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Italy was quick to rebuff the European Commission’s latest criticism of its budget, accusing it of sloppy and outdated analysis.
Shortly after the European Commission published its latest forecasts for Italy, most of which were more pessimistic than the government’s, Finance Minister Giovanni Tria said the numbers come from an “inadequate and partial analysis.” He added that the EU ignored “clarifications provided by Italy.”