Economics
Italian Premier Wins Populist Support for Budget Offer to EU
- Italy to submit revised spending proposal to European Union
- Salvini, Di Maio had resisted pressure to end standoff with EU
This article is for subscribers only.
Prime Minister Giuseppe Conte forged a deal with populist leaders to submit a revised budget proposal to the European Commission, in a bid to avert fines against Italy.
Conte’s euroskeptic deputies Matteo Salvini and Luigi Di Maio, who hold most of the political power in the administration, set aside their opposition to concessions at talks running late into Sunday night and agreed on a new package to send to Brussels, government officials said.