Economics

Italy's Populists to Give Budget Analysis as EU Showdown Looms

  • Government to debate results of cost analysis of key measures
  • Conte to meet fellow leaders in Brussels later in the week
Photographer: Alessia Pierdomenico/Bloomberg
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Italy’s government will discuss the results of a highly-awaited cost analysis of its 2019 budget proposals this week, just as the country’s populist leadership’s standoff with the European Union comes to a head with the threat of sanctions.

"By Monday, we will make our conclusions, by then the calculations will be in," Cabinet Undersecretary Giancarlo Giorgetti was reported as saying by the Ansa news service. A compromise will be found if both the government and the EU act reasonably, Giorgetti said.