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Tria Says Italy’s Budget to ‘Correspond’ to EU Deficit Rules

Giovanni Tria.
Giovanni Tria.Photographer: Franck Robichon/Pool via Bloomberg

The budget measures the Italian government is expected to pass Monday “correspond” with European Union budget rules, Italy’s finance minister said, adding that he’s optimistic the country can escape censure for not doing enough to control its debt.

“We are putting together adjustments on the budget that should be approved Monday, and afterwards we will send the measures to the Commission,” Finance Minister Giovanni Tria told reporters at the G-20 summit in Osaka. “I am optimistic because I’d argue that, overall, the commitments we’ve taken for next year and what we are doing this year correspond to compliance with the rules. I expect a positive outcome because it’s in the numbers.”